Households’ deposits in foreign currencies in Armenia grow 2.5% to AMD 573.5 billion in May

YEREVAN, July 11. /ARKA/. Households’ deposits in foreign currencies in Armenia’s commercial banks totaled AMD 573.5 billion in late May 2014 – 2.5% month-on-month growth, the Central Bank of Armenia reports on its website.

Households’ time deposits totaled more than AMD 484.2 billion and made up 84.4% of their total foreign currency deposits in late May after growing 0.7% over the month.

Dram deposits of Armenia’s households grew 1.8% to AMD 272 billion.

The total amount of deposits in Armenia’s commercial banks was AMD 1 630.7 billion in late May 2014 – 1.7% month-on-month growth.

Twenty one commercial banks operated in Armenia in late may 2014. ($1 – AMD 407.52). —0—

spot_img

POPULAR

ACBA Federation summarizes achievements for 2025

YEREVAN, August 13. /ARKA/. The ACBA Federation, dedicated to fostering innovative agriculture in Armenia, enhancing sector competitiveness, and empowering communities, has summed up its activities for the year 2025.

Central Bank of Armenia makes it easier to open and fund e-wallets

YEREVAN, August 11. /ARКА/. The Board of the Central Bank of Armenia has sanctioned changes to the regulations governing the issuance and utilization of electronic money, with the goal of fostering a more efficient and competitive payment landscape.

Results of the latest Junius stage summarized: a new stage lies ahead (VIDEO)

Precise mathematical calculations, financial skills, and boundless enthusiasm: the latest stage of the Junius financial tournament has successfully concluded.

IKO MACHINERY LLC issues bonds totaling 1.1 billion drams, with Cube Invest serving as placement arranger

YEREVAN, August 13. /ARKA/. By Decision No. 1/305 A issued by the Chairman of the Central Bank of the Republic of Armenia on July 15, 2026, the Program Prospectus for the nominal coupon bonds of IKO MACHINARY LLC has been officially registered.

An unusual $2.2 million banking scam uncovered in Armenia

YEREVAN, August 14. /ARКА/. A man suspected of embezzling 802.5 million drams from a bank and money laundering has been arrested in Armenia. The preliminary investigation has been completed, the press service of the RA Investigative Committee reported.

LATEST NEWS

spot_imgspot_imgspot_img