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Deposits at Armenian commercial banks grew by 4.8% in 2011 December from November to 969.7 billion drams

YEREVAN, January 26. /ARKA/. The volume of deposits kept at commercial banks of Armenia as of December 2011 grew by 4.8% from November to a total of 969.7 billion drams, the Central Bank said.

It said also the figure represented a 38.1% rise from the beginning of 2011. The volume of deposits in Armenian dram in December 2011, compared with the previous month, increased by 8.6% amounting to about 308.1 billion drams. Deposits in foreign currency in December increased by 3.3% to 661.6 billion drams. ($1 – 387.74 AMD). ($1 – 387.74 drams). -0-

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