Thu, 30 January
-6.9 C
Yerevan
USD: 398.27 RUB: 4.05 EUR: 414.32 GEL: 138.29 GBP: 494.49
spot_img

Dram deposits at Armenia’s banks shrink 2.1% in November as dollar deposits grow 2.8%

YEREVAN, January 13. /ARKA/. Deposits in drams at Armenia’s commercial banks reduced 2.1% over November to AMD 509.5 billion, while dollar deposits grew 2.8% to AMD 944.6 billion, the Central Bank of Armenia reports on its website.

Deposits in drams made up 64.9% of the aggregate deposits of residents in Armenia’s commercial banks, which totaled AMD 1 454.1 billion in late November after growing 1% over one month.

Demand deposits shrank 2% to AMD 431.2 billion and time deposits grew 2.4% to AMD 1 022.8 billion.
Aggregate deposits at Armenia’s banks amounted to AMD 1 882.9 billion in late November 2015 showing a 1.5% month-on-month increase. —0—-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Fitch Affirms Armenia at ‘BB-‘; Outlook Stable

Fitch Ratings has affirmed Armenia's Long-Term (LT) Foreign-Currency (FC) Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook.

Armenian banks’ net loan portfolio grew by 24․6% in 2024 to 6 trillion 270 billion drams

The total loan portfolio of the Armenian banks net of reserves grew by 24.6% or AMD 1trillion 239 bln drams in 2024 to AMD 6 trillion 270 bln drams.

Profit of Armenia’s banking system in 2024 increased by 60.9% to 363.1 bln. AMD

The net profit of 17 Armenia-based commercial banks in 2024 amounted to over 363.1 billion drams, growing by 60.9% compared to 2023, according to reports of the banks published in accordance with international financial reporting standards.

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.

LATEST NEWS

spot_imgspot_imgspot_img