YEREVAN, May 13. /ARKA/. Dram deposits attracted by Armenian commercial banks totaled AMD 218.9 billion in late March 2011after growing by 3.1% over the month, the Central Bank of Armenia says in its report.
Time deposits reached AMD 95.5 billion by late March and constituted 43.6% of the deposits in Armenian drams.
They grew 0.8% in March, compared with February.
According to the report, demand deposits in the national currency amounted to 123.5 billion after growing 4.9% in March, compared with February, and made up 56.4% of total dram deposits.
Deposits in foreign currencies grew 5.2% to AMD 417 billion.
Armenia had 21 registered commercial banks with their 411 branches in late March. ($1 = AMD 372.92). -0-
