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- 

spot_img

POPULAR

Unisport Crowned Armenian Futsal Premier League Champion

Unisport has been crowned champion of the Armenian Futsal Premier League

Head of Central Bank discusses the future of banks, the digital dram, and whether public debt allows one to sleep peacefully at night

The Chairman of the Central Bank of Armenia, Martin Galstyan, was a speaker on the Rearrange podcast. The conversation covered a variety of topics, including the prospects of the banking system, the possibility of introducing a digital currency in Armenia, and the topic of public debt.

Euro and dollar exchange rates against the Armenian dram have increased again, while the ruble has weakened again: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 2, 2026, increased by 0.18 points compared to June 1, reaching 368.53 drams.

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

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 1, 2026, increased by 0.17 points compared to May 29, reaching 368.35 drams.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (May 25-31) 

The week in Armenia's financial market was influenced by the Central Bank's signals on financial stability, credit risks, and banking sector profitability. Capital market development and client protection issues were also in focus.

LATEST NEWS

spot_imgspot_imgspot_img