Total deposits of non-residents in Armenian banks amount to AMD 1.1 trillion – central bank

YEREVAN, June 14. /ARKA/. The total amount of non-residents’ deposits  in Armenian banks stand at AMD 1.1 trillion, Chairman of the Central Bank of Armenia Martin Galstyan said on Tuesday.

According to him, as of March 31 this year, the amount of deposits of individuals stood at AMD 706bln, a 100% rise in comparison with the same period of the last year.

However, according to him, a much smaller growth rate has been recorded lately compared to the previous year as a result of some developments.

“On an annual basis, the total figure, which also includes deposits of legal entities, decreased, but  deposits of individuals were up 0.5% at the end of March compared to the beginning of the year,’ Galstyan said. ($1 – 387.21 drams). -0-

spot_img

POPULAR

Acba Bank has issued over 1 million cards, solidifying its leadership in Armenia

YEREVAN, August 17. /ARKA/. For more than five years, Acba Bank has held the top spot in the Armenian card market. As of May 2026, the total number of cards issued by the bank surpassed 1 million, as reported by the bank's press service.

Central Bank of Armenia warns of fraudulent schemes involving bank accounts

YEREVAN, August 17. /ARKA/. Recently, there has been an increase in cases of criminals luring citizens into suspicious financial transactions using their bank accounts or cryptocurrency accounts, as well as e-wallets or cards to transfer criminally obtained funds, in order to conceal their true origin and beneficiaries, according to a statement from the Central Bank of Armenia's press service.

US dollar, euro, and ruble up against  Armenian dram

YEREVAN, August 20. /ARKA/. The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market as of August 20, 2026, increased by 0.3 points to 365.26 drams compared to August 19.

Shares of Noubar Afeyan’s Moderna soared 124% on news of a successful cancer vaccine trial

YEREVAN, August 20. /ARKA/. Shares of the biotech company Moderna soared 123.6% at the start of trading in the US on August 19, reaching a peak of $140.77, according to trading data. Shares of the pharmaceutical company Merck also rose 11.6% to $150.85, according to Forbes.ru.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (August 10-16)

YEREVAN, August 17. /ARKA/. Armenia's financial agenda last week focused on setting up payment and cryptocurrency infrastructure, capital market activity, and the parameters of the next stage of universal health insurance.

LATEST NEWS

spot_imgspot_imgspot_img