YEREVAN, May 11. /ARKA/. At the end of March the volume of deposits at Armenian commercial banks stood at AMD 3.98 trillion against AMD 4.05 trillion in February, according to the National Statistical Committee.
Non-residents’ deposits in March totaled AMD 825.4 billion against AMD 871.4 billion in February, while residents’ deposits totaled AMD 3.16 trillion against AMD 3.18 trillion in February.
Of dram deposits (including accounts), totaling about AMD 1.79 trillion, AMD 675.2 billion were demand deposits, while time deposits amounted were about AMD 1.11 trillion.
In March, the rate on commercial bank deposits was 9.30% (8.54% in February). ($1 – 472.64 drams) -0-
