{"id":129003,"date":"2020-06-02T20:52:49","date_gmt":"2020-06-02T20:52:49","guid":{"rendered":"https:\/\/armbanks.am\/2020\/06\/02\/249370\/"},"modified":"2024-12-15T13:41:32","modified_gmt":"2024-12-15T13:41:32","slug":"armenian-banks-total-deposits-stand-at-about-3-trillion-drams-lawmaker-proposes-to-raise-insured-deposit-amount","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2020\/06\/02\/129003\/","title":{"rendered":"Armenian banks total deposits stand at about 3 trillion drams; lawmaker proposes to raise insured deposit amount"},"content":{"rendered":"\n<p><strong>YEREVAN, June 2. \/ARKA\/. <\/strong>Armenian banks&#8217; total deposits stand now at about 3 trillion drams, a Prosperous Armenia party lawmaker Mikael Melkumyan said today when presenting a set of draft amendments to the law on Individual Bank Deposit Insurance.<\/p>\n\n\n\n<p>The proposed\namendments call for raising the maximum amount of insured bank deposit in\nArmenian drams to 16 million drams from the current 10 million drams, and to\nthe equivalent of 7 million drams for deposits in foreign currency from the\ncurrent 5 million drams.<\/p>\n\n\n\n<p>He said there are\nat least one million depositors with nearly half of them having deposits in\ndrams, and the other half in foreign currency.<\/p>\n\n\n\n<p>He also added that\ndeposits were earlier equal to 5.4% of GDP, falling now to 4.95%, which he\nblamed on the coronavirus pandemic.<\/p>\n\n\n\n<p>He said although\n98% of deposits are insured, a detailed examination reveals that they constitute\nonly 41.5% of the total deposits.<\/p>\n\n\n\n<p>&#8220;The\nremaining approximately 60% are large depositors, which are few, but their\nshare in the total volume is too large,&#8221; said the deputy.<\/p>\n\n\n\n<p>According to him,\nall these data indicate that it is time to increase the upper limits of insured\ndeposits. ($1 \u2013 483.02 drams). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenian banks&#8217; total deposits stand now at about 3 trillion drams, a Prosperous Armenia party lawmaker Mikael Melkumyan said today when presenting a set of draft amendments to the law on Individual Bank Deposit Insurance<\/p>\n","protected":false},"author":1,"featured_media":157762,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,12163,12164,13891,13093],"class_list":{"0":"post-129003","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-armenia-2","10":"tag-banks","11":"tag-deposits","12":"tag-lawmaker","13":"tag-currencies"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/129003","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=129003"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/129003\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157762"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=129003"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=129003"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=129003"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}