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Armenia raises amounts of insured bank deposits in drams and foreign currencies

16.09.2020 19:02

Armenia raises amounts of insured bank deposits in drams and foreign currencies

YEREVAN, September 16. /ARKA/. Armenia's National Assembly approved September 15 in the second and final reading a set of amendments to the law insuring individual bank deposits, proposed by the opposition Prosperous Armenia party.

According to the approved amendments, the amount of the insured bank deposit in Armenian drams is increased to 16 million from the current 10 million, and the amount of bank deposits in foreign currencies is increased to the equivalent of 7 million drams from the current 5 million.

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Tags: Armenia, Deposits, FOREIGN CURRENCIES

Foreign currencies more popular in Armenia than dram

04.10.2010 19:32

Individual deposits in drams in Armenia totaled AMD 76.281 billion by late August after shrinking 0.96% over the month.

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Tags: Armenia, DRAM, FOREIGN CURRENCIES

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