Interest rates on saving deposits in Armenian drams grow in February

27.03.2017 16:59
Interest rates on saving deposits in Armenian drams grow in February

YEREVAN, March 27. / ARKA /. Interest rates on saving deposits in Armenian national currency, the dram, grew in February, according to the Central Bank. The regulator said the deposits in drams, placed for a period of up to one year grew by 0.33 percentage points to 9.29%, while the rates on deposits placed for more than a year increased by 0.24 percentage points to 12.63%.

The rates on dollar deposits placed for a period of up to a year increased by 0.25 percentage points to 4.45%, and for a period of more than a year - decreased by 0.30 pp to 5.47%.

The average interest rates on loans provided in Armenian drams for a period of up to one year decreased by 0.92 percentage points to 16.27%, and the average rates on loans provided for more than a year - increased by 0.29 percentage points to 16.78%. The rates on dollar loans provided for a period of up to a year rose by 1.02 pp. to 8.68%, and for more than a year - decreased by 0.28 pp. to 10.4%.


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