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Deposits in Armenian commercial banks total AMD 1 013.9 billion

YEREVAN, February 24. /ARKA/. Deposits in Armenian commercial banks grew 45.3% in January 2012, compared with the same month a year earlier, to more than AMD 1 013.9 billion.

According to the information available on the central bank’s official website, deposits in drams totaled AMD 303 billion in late January 2012 after growing 46.2%, compared with Jan 2011, and deposits in foreign currencies exceeded AMD 710.9 billion in late January 2012 – 44.9% year-on-year growth.

Residents’ deposits totaled AMD 769.6 billion (8.2% year-on-year growth) and accounted for 75.9% of aggregate dram deposits in Armenian banks.

Twenty one commercial banks operated in Armenia in late January 2012. ($1 – AMD 389.34). -0—

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