Top Deposits in USD in Armenia in Autumn 2025

In autumn 2025, dollar deposits in Armenian banks are becoming increasingly popular – especially against the backdrop of the Armenian dram’s strengthening and moderate inflation growth, banks are striving to retain clients’ foreign currency funds by offering dollar deposit rates of up to 6% per year – higher than a year ago.

We have compiled the best offers for dollar deposits in the country, with a focus on bank reliability, flexible terms, and maximum profitability.

To see all the details about deposits in Armenia and choose the best one for you based on the parameters you need, go to the AFM deposits page. Use the filters to find the best deposit in different currencies.

What Criterias to Consider When Choosing a Deposit in Dollars?

Top 10 Dollar Deposits in Armenia in Autumn 2025

If your goal is to get the maximum profitability in dollars, pay attention to the offers from banks that provide up to 6% per annum. This is one of the highest levels in recent years.

The top 3 leaders in profitability were Fast Bank and AMIO Bank, both offering 6% per annum. Fast Bank focuses on a replenishable format, while AMIO focuses on long-term deposits through its mobile app. Such programs are suitable for those who plan to hold funds for 1.5–3 years and are ready to receive income in a stable currency without conversion risks.

Top 10 Dollar Deposits for up to 1 Year in Autumn 2025

Short-term deposits are convenient because they allow you to quickly assess profitability and, if necessary, reallocate funds to more profitable programs. In 2025, their rates have risen to 6% per annum, making dollar deposits an attractive tool even with moderate risk.

Rates of up to 6% per annum allow you to steadily increase your savings without being tied to the exchange rate. For those who are not ready to "freeze" funds for a long time, programs from AMIO Bank and Fast Bank are suitable, as they combine reliability with the possibility of early termination or replenishment.

Example of Yield Calculation

If you deposit $10,000 for 12 months in Fast Bank at 6% per annum:

1. The annual income will be $600.
2. After the 10% tax is withheld, you will receive $540 net.
3. The final amount is $10,540.

Guarantee of Dollar Deposit Safety

All deposits in Armenian banks are protected by the Deposit Guarantee Fund of Armenia.

If something happens to the bank (for example, it goes bankrupt), depositors receive compensation up to 16 million drams in the equivalent according to the Central Bank of Armenia exchange rate (about $41,000).

The guarantee applies separately to each bank, so you can distribute your savings among different banks to increase insurance coverage.

FAQ

Which Armenian banks offer the highest rates on dollar deposits?

The leaders in profitability are Fast Bank and AMIO Bank, with 6% per annum.

Can a dollar deposit be opened online?

Yes, Evocabank, AMIO Bank, and Inecobank offer online deposits that can be opened via an app without a visit to a branch.

Is there a tax on foreign currency deposit income?

Yes, 10% is automatically withheld by the bank. No additional actions are required from the depositor.

How can I find out the current dollar exchange rate when opening a deposit?

You can see the most accurate exchange rate and recalculate the amount directly on AFM in the "Exchange Rates" section.

What is safer – a dollar or dram deposit?

A dollar deposit protects against currency fluctuations, while a dram deposit offers a higher interest rate. It's optimal to combine both options.

Conclusion

Autumn 2025 has been a particularly favorable period for depositors who prefer dollar deposits. Armenian banks are offering rates of up to 6% per annum, which allows for the secure preservation and growth of capital in a stable currency.

Fast Bank, AMIO Bank, and Inecobank maintain leadership by offering flexible terms – from short-term deposits with a replenishment option to long-term online deposits via mobile apps.

To choose the best option, compare all current dollar deposit offers on AFM, calculate the yield and exchange rate directly on the website, and select the deposit that will allow you to earn more while maintaining confidence in the future.