Where to invest a deposit in 2026: 10% yield in AMD and the top three banks offering the best conditions

As of January 2026, Armenia's banking market offers highly attractive deposit conditions, particularly for those preferring a 1-year term.

Yields on AMD deposits reach up to 10%, continuing to be one of the most effective ways to accumulate capital. Market leaders include Byblos Bank Armenia, AMIO Bank, and Artsakhbank, while foreign currency savings offers reach up to 5% for USD and 2.5% for EUR.

However, a high interest rate alone is not enough to make the right decision. It is crucial to understand which banks offer interest capitalization, where partial withdrawals are possible without losing accumulated interest, and how the 16 million AMD deposit insurance system works. Why is a 1-year term the most optimal for risk management, and how can you find the most profitable "home" for your 10 million AMD using the AFM platform’s data, which is updated every 24 hours?

All the answers and updated tables are provided below.