Thu, 6 February
-1.9 C
Yerevan
USD: 396.58 RUB: 4.04 EUR: 413.36 GEL: 140.63 GBP: 497.27
spot_img

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Net inflow of remittances from Russia to Armenia in 2024 decreased by 52.3% – Ministry of Finance

In January-December 2024, the net inflow of remittances to Armenia decreased by 34.8%, with a decline of 52.3% from the Russian Federation and 3.5% from other countries.

Euro exchange rate plummets by 5.57 points to AMD 406.68

The average market exchange rate of the U.S. dollar to the Armenian dram on February 3, 2025, totaled 396.99 drams, down 0.36 points compared to January 31.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

LATEST NEWS

spot_imgspot_imgspot_img