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Armenia’s household deposits in foreign currency total 458.8bln drams by end February

YEREVAN, March 27. /ARKA/.  Household deposits in foreign currency totaled 458.8bln drams by the end of February, an increase of 1.6% compared to the end of January level, Armenia’s central bank reported.

Foreign currency time deposits alone exceeded 389bln drams by the end of February 2013, which is about 84.8% of the overall deposits in foreign currency (1.5% increase against the end of January)
Dram deposits of Armenian households were about 208.6bln drams in the reporting period, a 6.7% increase against the previous record.

Total volume of deposits in commercial banks exceeded 1,267.3bln drams by the end of February (1.7% increase).

There were 21 commercial banks registered in Armenia as of the end of February 2013. ($1=418.02drams).  –0–

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