Volume of deposits, credits continues to grow; highest figure recorded in April
10:05, 1 June 2023YEREVAN, JUNE 1, ARMENPRESS. The total bank deposit portfolio of Armenia comprised 5 trillion 134 billion 447 million AMD in April 2023, surpassing the record high indicator recorded in December 2022 which stood at 5 trillion 122 billion 579 million. The April indicator grew twice compared to the same period of 2018.
Deposits of Armenian commercial banks grew 31,21% in April 2023 compared to the same month of 2022.
Resident deposits volumes stood at 3 trillion 821 billion 478 million AMD, the highest result recorded.
The credit portfolio of banks (excluding credit organizations) set a new record in April, totaling 4 trillion 409 billion 409 million AMD, surpassing the previous record set in March 2023 by 0,47%.
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