YEREVAN, July 28. /ARKA/. In May, commercial bank deposits and credit grew 1 percent (mom) and 1.3 percent (mom), respectively, – stated in the World Bank’s monthly review “Armenia Monthly Economic Update. July 2025”.
“Deposit and credit growth in May was driven by an increase in AMD-denominated funds. Credit growth was due mostly to expansion in consumer loans”, – the study notes.
At the same time, the WB review notes that exchange-rate-adjusted annual growth was 13.6 percent (yoy) in total deposits and 27.9 percent (yoy) in credit.
According to the Central Bank of Armenia, as of the end of April 2025, commercial banks’ credit investments amounted to more than 6.9 trillion drams, and deposits – almost 6.6 trillion drams. ($1 – 383.94 drams)
