YEREVAN, April 11, /ARKA/.The Central Bank of Armenia said the volume of deposits in the national currency, the dram, kept by local commercial banks, increased by 5.3% in 2011 February from January to a total of 212.4 billion Drams. These figures can be found in Central Bank’s report on aggregated money and credit indicators.
According to the report, time deposits accounted for 44.6% of all deposits or 94.7 billion Drams, growing by 6.6% from 2011 January. Call deposits accounted for 55.4% or 117.7 billion Drams, growing by 4.2% from 2011 January.
The volume of deposits in foreign currencies grew by 1.3% to 396.3 billion Drams, the Central Bank said. ($1 – 373.05 Drams). -0-
