All news related to lucrative deposits

Ranking of most lucrative deposits at Armenian banks

28.03.2018 18:48

Ranking of most lucrative deposits at Armenian banks

YEREVAN, March 28. /ARKA/. Interest rates on dram deposits at Armenia’s banks remain down.

According to the latest reports of the Central Bank of Armenia, the average rate on up-to-12-month deposits in Armenian drams stood at 8.73% in February 2018 – 0.55 percentage points lower than it was in February 2017.

Rates have been going down since 2016, when the central bank decided to ease its monetary policy. In March 2017, the regulator ceased relaxing its monetary policy and set the key rate at 6%.

Views: 5989

Categories: Announces, Banks @en, General news, News, News of the hour, Ratings, Новости | Comments Off on Ranking of most lucrative deposits at Armenian banks

Tags: , , ,

Read more