Residents’ deposits in foreign currencies in Armenia’s banks grow 6.7% to AMD 734.7 billion in October

YEREVAN, December 19. /ARKA/. Residents’ deposits kept in foreign currencies in Armenia’s commercial banks totaled AMD 734.7 billion in late October after growing 6.7% since the beginning of this year, the Central Bank of Armenia reports at its official website.

Deposits in foreign currencies made up 58.6% of the aggregate deposits in Armenian commercial banks in late October.

Deposits in Armenian drams have grown 12.7% since the beginning of this year reaching AMD 518.7 billion in late October.

Deposits in Armenia’s commercial banks grew 3.8% to AMD 1 675 billion. ($1 – AMD 497). –0–

spot_img

POPULAR

ARKA News Agency releases “Credit Organizations of Armenia” bulletin for Q3 2026

The ARKA news agency has released the latest issue of its quarterly financial and economic bulletin, "Credit Organizations of Armenia (Key Performance Indicators)," covering the third quarter of 2026.

Armbanks Weekly Digest: key events of the financial market of Armenia (November 2–8)

Armenia's financial agenda last week focused on tightening monetary policy, regulating bank liquidity and discussing public debt parameters.

Armenia to Contribute an Additional €8.2 Million to the Capital of the Black Sea Trade and Development Bank

Armenia will contribute an additional €8.2 million to the authorized capital of the Black Sea Trade and Development Bank (BSTDB).

Ranking of Armenian Credit Organizations by Credit and Leasing Portfolio as of September 30, 2026

The ARKA agency has published a ranking of Armenia’s largest credit organizations based on the volume of their credit investments and leasing operations as of September 30, 2026.

IDBank at the UBA Regional Conference: From Travel Solutions to Business Opportunities

IDBank participated in the latest regional conference of the Union of Banks of Armenia, held this time in Gyumri.

LATEST NEWS

spot_imgspot_imgspot_img