Top Deposits in AMD in Armenia in Autumn 2025

Deposits in AMD remain the most popular and reliable savings tool among residents of Armenia. As of the end of September 2025, the volume of deposits in Armenia amounted to 6.71 trillion AMD. This autumn, banks have raised rates and are offering yields of up to 10–11% per annum on deposits in the national currency.

We have compiled a rating of the best offers, in terms of flexibility and profitability, to help you make the right choice and earn more on interest from your deposit. You can find all the details on deposits in Armenia and choose the best one for your parameters directly on AFM on the deposits page. Use the filters to find the best deposit in different currencies.

What Are the Most Important Criteria When Choosing a Deposit in Armenia?

Top 10 Deposits in AMD with the Highest Interest Rates in Autumn 2025

If you look only at the interest rate, Armenian banks in autumn 2025 are offering yields of up to 10.75% per annum. These are the maximum values on the market, and they are what determine where you can get the highest income from a deposit. Below, we have compiled a list of the ten most profitable deposits in AMD – these are the offers to focus on if your goal is to maximize profit.

These offers are leaders in profitability in AMD, but note that the deposit terms are almost everywhere 2 years or more. The difference between them lies in the minimum amount and flexibility of terms. For example, Fast Bank allows you to open a deposit with a small amount and replenish it, while Evocabank focuses on online application and long-term deposits.

Top 10 Deposits in AMD with the Highest Interest Rates for up to 1 Year in Autumn 2025

Many depositors prefer to start with a one-year deposit, as it allows them to secure a high interest rate while maintaining flexibility. After a year, they can evaluate the market situation and, if necessary, move the deposit to another bank with a better rate or more favorable terms. This approach helps to avoid "freezing" funds for too long and to effectively manage the profitability of their savings.

We have compiled a table of the best offers from the country's leading banks – from short-term to long-term programs that provide a stable income with minimal risk.

As you can see, there is competition in the market among several banks – Evocabank, Fast Bank, AMIO Bank, Byblos Bank Armenia, and Armeconombank are offering rates of over 10% per annum. When choosing a deposit, it's important to consider not only the interest rate but also the term, the possibility of replenishment and withdrawal, and the deposit currency.

How to Properly Calculate Your Deposit Income

If you deposit 1,000,000 AMD for 12 months at Evocabank's "EVOCA Online" with a 10.75% rate: 1,000,000 × 10.75% = 107,500 AMD. The income will be approximately 96,750 AMD (after a 10% tax deduction). The final amount is 1,096,750 AMD.

Guarantee of Your Money's Safety

When opening a deposit in AMD, you can be sure of the safety of your funds. Every deposit in Armenia is protected by the Deposit Guarantee Fund – a state mechanism that insures the savings of bank clients.

If something happens to the bank, for example, it goes bankrupt or loses its license, you will still get your money back – up to 16 million AMD in each bank. The guarantee applies regardless of the number of accounts, as the insurance coverage amount is calculated per depositor.

FAQ

Which banks offer the highest deposit rates in AMD in autumn 2025?

For autumn 2025, the most favorable rates – up to 10.75% per annum, are offered by Evocabank, Fast Bank, AMIO Bank, Byblos Bank Armenia, and Armeconombank. These banks are among the market leaders in terms of profitability and reliability.

Can you open a deposit in AMD online?

Yes, many banks allow you to open a deposit remotely. Evocabank, Inecobank, and IDBank have convenient online deposits that can be opened through their mobile apps or websites.

What's more profitable: a deposit in AMD or foreign currency?

If your goal is to get the maximum income, an AMD deposit is more profitable, as its yield is 2–3 times higher than that of foreign currency deposits. However, if you plan to spend in dollars or euros, a foreign currency deposit will help you avoid exchange rate risks.

Is there a tax on deposit income?

Yes, Armenia has a 10% income tax on interest income. The bank withholds it automatically, so you don't need to file a tax return or pay the tax yourself.

How safe are deposits in Armenian banks?

All deposits in AMD are protected by the Deposit Guarantee Fund. In the event of a bank's bankruptcy, the state guarantees the return of funds up to 16 million AMD per depositor at each bank, regardless of the number of accounts.

Can a deposit be split between different banks to increase insurance coverage?

Yes, that's a smart solution. For example, by placing 16 million AMD in two different banks, you will protect a total of 32 million AMD, as the 16 million AMD limit applies separately to each bank.

Conclusion

Autumn 2025 has been a favorable period for depositors in Armenia: banks are offering up to 10.75% per annum on deposits in AMD, a level higher than the averages of 2023–2024. This is an excellent opportunity to grow your savings within a reliable financial system where every deposit up to 16 million AMD is protected by the state.

Evocabank, Fast Bank, AMIO Bank, Byblos Bank Armenia, and Armeconombank maintain leadership in profitability and variety of terms, from online deposits with the highest rates to flexible programs with the option for replenishment.

To get the maximum benefit, it's important to choose not only based on the interest rate. Pay attention to the term, the possibility of capitalization, early withdrawal terms, and bonus options – they can increase your final profit by tens of thousands of drams.

Compare all current deposit offers in AMD directly on AFM, choose an option that suits your goals, and start earning interest without compromising on security and reliability.