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Percent rates of long-term deposits for legal entities increased and for physical entities reduced in March in Armenia

YEREVAN, May 19. /ARKA/. In March, average percent rates of long-term deposits (more than 1 year) for legal entities increased by 0.4 p.p. and for physical entities – reduced by 0.85 p.p., says the report of Armenian Central Bank “Summary of monetary-credit indicators for March 2011”.

According to the report, today the average percent rate of dram deposits increased by 0.6 p.p. and for currency deposits – by 0.2 p.p. making in average 10.8% and 7.6% respectively.

Average percent rate of dram credits for physical entities reduced by 0.9 p.p. and for currency deposits – 0.8 p.p. making in average 10.7% and 7.4% respectively. —0—

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