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Deposits to Armenian commercial banks climb 2.2% to AMD 1056 bln in May

YEREVAN, July 3. /ARKA/. The volume of deposits to Armenian commercial banks increased by 2.2% to 1 056 billion drams in May from April of this year, according to the data published on Armenian Central Bank’s official website.
Deposits in drams rose by 0.6% to nearly 313.9 billion drams within the reported period, according to the source.

Deposits in foreign currency advanced by 5.7% to about 518.3 billion drams as of late May.
At the same time residents’ deposits make up 78.8% of the total deposits in drams ( over 832.1 billion drams), up by 1.2 p.p. from April.
As of May 31 of 2012 there are 21 commercial banks in Armenia. ($1 – 418.34 drams). —0–

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