YEREVAN, August 24. /ARKA/. The volume of time deposits attracted from individuals and private businesses in Armenia in the first half of 2011 compared to the same period in 2010 increased by 37.3% making over 350.5 billion drams.
According to the interim financial statements of the banks for the second quarter of 2011, the leader in this indicator is Unibank which accounts for 13.5% of time deposits (over 47.3 billion drams) attracted from the individuals and private businesses by the banking system of Armenia. In the total liabilities of Unibank the share of this indicator is 49.04%.
The five banks by this indicator are: HSBC Bank Armenia (about 35.1 billion drams), Armbusinessbank (over 35 billion drams), Bank VTB (Armenia) (about 32.7 billion drams) and Ardshininvestbank (over 31.9 billion drams).
According to the agency “ARKA”, total volume of deposits of individuals and private businesses in the banks of Armenia on June 30, 2011 was about 468.4 billion drams, of which more than 117.8 billion drams were called for deposits of individuals and private businesses. Total liabilities of the banking system of Armenia in the same period amounted over 1410.8 billion drams.
As of June 30, 2011 in Armenia operated 21 banks with 417 branches. ($1 – 367.22 drams). -0-
