Thu, 14 August
27.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Deposits at Armenia’s commercial banks grows 2.4% to AMD 1 801 billion in May

YEREVAN, July 3. /ARKA/. The total amount of deposits at Armenia’s commercial banks reached AMD 1 801 billion by late May 2015 after growing 2.4% over the month, the National Statistical Service of Armenia reports.

According to the Central Bank of Armenia, residents’ deposits in the commercial banks grew 2.56% in May to AMD 1 378.2 billion – their deposits in drams amounted to AMD 497.9 billion (0.3% growth) and deposits in foreign currencies to AMD 880.3 billion (3.9 growth).

Residents’ demand deposits totaled AMD 404.8 billion in late May – AMD 182.6 billion in drams and AMD 222.2 billion in foreign currencies.

Their time deposits amounted to AMD 973.4 billion, of which AMD 315.3 billion were deposits in drams and AMD 658 billion in foreign currencies.

Armenia has 21 registered commercial banks now. ($1 – AMD 472.45). –0–

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Euro jumps 2.54 points to AMD 447.76

The average market exchange rate of the US dollar to the Armenian dram on August 7, 2025, fell by 0.03 points compared to August 6 and amounted to AMD 383.65.

Market capitalization in July increased by 45.3% year-on-year, exceeding 463 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for July 2025. The month showed a dynamic trading environment, highlighting growing investor confidence and market activity. 

Armenia’s total public debt exceeds $13.8 billion

As of June 30, 2025, Armenia's total public debt amounted to $13,852,137 million, which is an increase of $116,520 million compared to May 31, 2025.

Volume of loans issued by commercial banks of Armenia exceeded 7 trillion drams at the end of June

The volume of loans issued by commercial banks of Armenia as of the end of June 2025 amounted to 7,053,648 million drams against 6,866,119 million drams at the end of May.

LATEST NEWS

spot_imgspot_imgspot_img