Commercial bank deposits and credit in Armenia grew 1.9 percent in August- World Bank

YEREVAN, October 22. /ARКА/. In August, commercial bank deposits and credit in Armenia grew 1.9 percent (mom), according to the World Bank’s Armenia Monthly Economic Update – October 2025.

Both increases were driven by expansion in AMD-denominated funds. Credit growth was mostly driven by industry (FX) and consumer (AMD) loans.

Exchange rate-adjusted annual growth was 15.8 percent (yoy) in total deposits and 27.2 percent (yoy) in credit, the World Bank says.

As reported by the Central Bank, the cumulative amount of loans disbursed by Armenian commercial banks reached 7.27 trillion drams by the end of August 2025, an increase from 7.14 trillion drams in July of the same year. Concurrently, the total deposits gathered by Armenian commercial banks in August 2025 were 6.84 trillion drams, up from 6.71 trillion drams in July. ($1 – 382.51 drams).-0- 

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