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Bank Staff Expenses (Local Currency) in Armenia

Source: IMF
Last Updated: July 24, 2023

Bank staff expenses reached AMD 20,925 mil in third quarter of 2021 in Armenia, according to the National Central Bank. This is 3.98% more than in the previous quarter.

Historically, bank staff expenses in Armenia reached an all time high of AMD 23,314 mil in 4Q2019 and an all time low of AMD 10,220 mil in 1Q2012.

Armenia has been ranked 17th within the group of 53 countries we follow in terms of bank staff expenses.

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