Deposits in Armenian banks at the end of 2024 amounted to AMD 6.46 trillion

YEREVAN, February 7. /ARKA/. The amount of deposits in Armenia’s commercial banks stood at AMD 6,463,958 million at the end of December 2024 against AMD 5,960,193 million at the end of September, according to the National Statistical Committee.

The amount of deposits from non-residents in December stood at AMD 1.49 trillion against AMD 1.36 trillion in September, and those from residents at  AMD 4.97 trillion against AMD 4.6 trillion in September.

The National Statistical Committee said also  that the  deposits from non-residents at the end of December included demand deposits (including accounts) and term deposits of non-resident organizations, households, organizations not pursuing profit, as well as non-banking financial organizations.

Of AMD deposits of residents with the volume of AMD 3.16 trillion (AMD 2.83 trillion in September), demand deposits (including accounts) stood at at the end of December at AMD 1.15 trillion (AMD 1.28 trillion in September), and time deposits stood at AMD 1.64 trillion (AMD 1.55 trillion in September).

Out of the foreign currency deposits of AMD 1.81 trillion (AMD 1.76 trillion in September), demand deposits (including accounts) amounted to AMD 883.3 billion in December (AMD 901.9 billion in September), while time deposits amounted to AMD 930.5 billion (AMD 862.5 billion in September).

The balance of attracted deposits from the population in the banks at the end of December 2024 stood at 2,900,189 million drams, which was by 138,675 million drams or 5% more than the indicator for the previous month and by 298,842 million drams or 11.5% more than in or the same period of 2023.

In December, the average  interest rate on bank deposits was 8.16% (8.00% in September). ($1 – AMD 396.83) -0-

spot_img

POPULAR

Armenia and IMF discuss a new standby arrangement

Armenian Deputy Prime Minister Mher Grigoryan and International Monetary Fund (IMF) Deputy Managing Director Marnix von Rey noted the importance of approving a new standby arrangement with the IMF and its full implementation.

Euro continued to rise against the Armenian dram, while dollar and ruble weakened again: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of March 18, 2026, fell by 0.07 points compared to March 17, to 377.39 drams.

Central Bank of Armenia responded to criticism regarding the Law “On Cryptoassets” and announced meetings with crypto market participants

Martin Galstyan, Governor of the Central Bank of Armenia, commented on the criticism voiced by crypto market participants regarding the Law "On Cryptoassets."

Euro fell 2.07 points against the Armenian dram, while the dollar and ruble remained unchanged: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of March 19, 2026, fell by 0.12 points compared to March 20, to 377.38 drams.

Acba Leasing offers an effective interest rate of 1% on the purchase of construction equipment (VIDEO)

Reliable quality, high efficiency, and a wide selection of specialized equipment: for 15 years, Sino Armenia has been representing the best Chinese-made construction equipment in Armenia, according to the Acba Leasing press service.

LATEST NEWS

spot_imgspot_imgspot_img