YEREVAN, November 11. / ARKA /. The total amount of liabilities of Armenian credit institutions in the third quarter of 2013 increased by 4.7 % year-on-year to 122.5 billion drams, the Central Bank said in a survey of their performance in the third quarter.
According to the survey, their liabilities to banks and other financial institutions amounted to 73.9 billion drams, a 2.6 percent rise form the same time span last year. As of September 30 the amount of accrued (time) liabilities to individuals increased by 0.1 % to around 9 billion drams.
The amount of accrued liabilities to legal entities, including the government of Armenia, increased by 5.6 % amounting to 31.6 billion drams. Demand liabilities amounted to 826.9 million drams, an increase of 5.9 % compared to the third quarter of 2012.
Other liabilities of credit institutions in the third quarter rose by 35.7 % to 4.8 billion drams. The value of the accrued interest amounted to 2.3 billion drams, an increase of 31.3 % year-on-year.
On September 30, 2013 there were 33 credit institutions in Armenia with 123 affiliates. ($ 1 – 405.95 drams). -0-
