Education & News
Guides and updates on deposits and savings in Armenia.
How Deposit Interest Is Taxed in Armenia
Interest from bank deposits in Armenia is subject to a 10% income tax, withheld at source. Here’s how it works and what you keep.
Deposit Guarantee Explained: DGF and the 16 Million AMD Limit
The Deposit Guarantee Fund of Armenia protects your money up to 16,000,000 AMD per depositor per bank. Here’s how it works.
How Armenian Banks Calculate Interest
Banks use compound interest formulas and payment frequency to determine what you earn. Here’s a clear overview of how it works in Armenia.
Fixed vs Accumulative Deposits
Time deposits lock your rate and term; accumulative deposits let you add money over time. Compare pros and cons for your goals.
Early Withdrawal Penalties Explained
Withdrawing your deposit before maturity usually means a lower interest rate is applied. Here’s how penalties work for AMD and FX deposits in Armenia.
Compound Interest Explained for Savers
Compound interest means earning interest on your interest. Here’s a simple guide to how it grows your savings over time.
Choosing the Right Deposit Term in Armenia
Term length affects your rate and your flexibility. Short vs long: what to consider when choosing a deposit term in Armenian banks.
AMD vs Foreign Currency Deposits: What to Consider
Armenian dram deposits often offer higher rates; FX deposits can reduce exchange-rate risk. Compare pros and cons for your situation.
Understanding Interest Payment Frequency (Annual, Quarterly, Monthly)
Interest can be paid once a year, every quarter, or every month. How does payment frequency affect your total return?
How to Use the Saving.am Deposit Calculator
A short guide to the Saving.am compound interest calculator: Calculator, Goal Planner, Compare, and key settings.
Check Your Financial Health — Score and Action Plan
The Financial Health tool on Saving.am gives you a score based on income, expenses, savings, and debt against Armenian benchmarks, plus a simple action plan to improve.
Property Affordability Analyzer: What You Can Afford
How the Saving.am property analyzer helps you see affordable property price, safe mortgage payment, and whether rental income can cover the loan.
How to Use the Saving.am Mortgage Calculator
A guide to the mortgage calculator: monthly P&I, full cost of ownership (tax, insurance, PMI, HOA), amortization schedule, extra payments, and scenario comparison.
How Mortgage Interest and Amortization Work
A plain-language explanation of the math: fixed monthly payment (annuity), how principal and interest split over time, and how extra payments reduce total interest.