YEREVAN, September 30. \/ARKA\/. In July, commercial bank deposits and credit grew 0.3 percent (mom) and 1.2 percent (mom), respectively, respectively, according to the World Bank’s “Armenia Monthly Economic Update \u2013 September 2025.”<\/p>\n\n\n\n
\u201cThe July pickup in deposits and credit, relative to June, was largely supported by higher AMD denominated instruments, with credit growth primarily fueled by the expansion of consumer loans and credit to financial and insurance activities. Exchange rate adjusted annual growth was 13.6 percent (yoy) in total deposits and 28.5 percent (yoy) in credit (Figure 5).<\/p>\n\n\n\n
According to the Central Bank, the volume of loans issued by commercial banks of Armenia as of the end of July 2025 amounted to 7.13 trillion drams, compared to 7.05 trillion drams at the end of September, and the volume of deposits amounted to 6.71 trillion drams, compared to 6.69 trillion drams in June ($1 – 382.75 drams).-0-<\/p>\n","protected":false},"excerpt":{"rendered":"
In July, commercial bank deposits and credit grew 0.3 percent (mom) and 1.2 percent (mom), respectively, respectively, according to the World Bank’s “Armenia Monthly Economic Update \u2013 September 2025.”<\/p>\n","protected":false},"author":5,"featured_media":200012,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[],"class_list":["post-267016","post","type-post","status-publish","format-standard","has-post-thumbnail","category-banks-en-en","category-news"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t