Wed, 14 January
1.1 C
Yerevan
USD: 380.33 RUB: 4.84 EUR: 443.24 GEL: 141.16 GBP: 511.62

Deposits in Armenian commercial banks amounted to 6.9 trillion drams at the end of September

YEREVAN, November 10. /ARKA/. Deposits in Armenian commercial banks at the end of September 2025 amounted to 6,919,978 million drams, compared to 6,842,445 million drams in August, according to data from the Statistical Committee of Armenia.

Moreover, deposits from non-residents in September amounted to 1.56 trillion drams, compared to 1.55 trillion drams in August, and from residents – to 5.36 trillion drams, compared to 5.29 trillion drams in August.

The report notes that the figure for deposits from non-residents at the end of September includes demand deposits (including accounts) and time deposits of non-resident organizations, households, non-profit organizations, and non-bank financial institutions.

Out of residents’ dram deposits totaling 3.53 trillion drams (3.56 trillion drams in August), demand deposits (including accounts) at the end of September amounted to 1.51 trillion drams (1.48 trillion drams in August), and time deposits amounted to 2.02 trillion drams (1.98 trillion drams in August).

Of residents’ foreign currency deposits totaling AMD 1,826,232 million (AMD 1,826,013 million in August), demand deposits (including accounts) amounted to AMD 736.3 billion in September (AMD 751.8 billion in August), while time deposits amounted to AMD 1.09 trillion (AMD 1.07 trillion in August).

The balance of deposits attracted from the population in Armenian banks at the end of September 2025 amounted to AMD 3,136,463 million, which is 1.3% higher than the previous month and 15.5% higher than the same period in 2024.

In September, the interest rate on commercial bank deposits was 7.86% (8.40% in August). ($1 = AMD 382.54).-0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia approves amendments to agreement on automatic exchange of financial account information

During a meeting on Thursday, the Armenian government gave its approval to a draft law that ratifies the amendment to the Multilateral Agreement of Competent Authorities regarding the "Automatic Exchange of Financial Account Information," which was signed on October 14, 2014.

Market capitalization increased by 6.29% in December to approximately 467 billion drams – Armenia Stock Exchange

 Armenia Stock Exchange (AMX) has summarized the trading activity for December 2025. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

Armenia’s financial system in December 2025: interest rate declines, lending grows

In December 2025, Armenia's financial market was characterized by a combination of moderate monetary easing, continued high growth rates in bank lending, and the continued development of capital market instruments.

LATEST NEWS

spot_imgspot_imgspot_img