YEREVAN, November 27. / ARKA /. The total amount of time deposits kept by corporate clients in Armenian banks increased by 10.1 % in the third quarter to 214.9 billion drams, according to the banks’ interim financial reports for the third quarter.
The leading bank by size of corporate deposits was Unibank , which accounted for 16.9% of all time deposits -more than 36.4 billion drams. The amount represented an increase from the second quarter by 50.9 %.
Unibank was followed by Ardshininvestbank – more than 31.5 billion drams (3.4 percent growth from the second quarter, Ameriabank – more than 25.7 billion drams (30.9 % decline), VTB Bank (Armenia) – 19.2 billion drams (67.9 % growth) and Artsakh Bank – 18.6 billion drams (5.3% decline).
The total amount of individual and corporate deposits amounted to about 1.363.8 trillion drams, while the 21 banks’ total liabilities in the reporting period amounted to more than 2.274.6 trillion drams. ($ 1 – 404.23 drams). -0-
