{"id":92418,"date":"2015-10-30T12:56:34","date_gmt":"2015-10-30T12:56:34","guid":{"rendered":"https:\/\/armbanks.am\/2015\/10\/30\/243747\/"},"modified":"2024-12-15T13:20:45","modified_gmt":"2024-12-15T13:20:45","slug":"more-than-94-of-private-bank-deposits-in-armenia-now-insured","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2015\/10\/30\/92418\/","title":{"rendered":"More than 94% of private bank deposits in Armenia now insured"},"content":{"rendered":"<p><strong>YEREVAN, October 30. \/ ARKA \/.<\/strong> More than 94% of private bank deposits in Armenia are fully insured, Veit H.Gesenhues, head of the Armenian office of the German Savings Banks Foundation for International Cooperation, told local reporters today.<\/p>\n<p>Veit H.Gesenhues said the total amount of private deposits in the local banks is on the rise, &#8216;and it is not an accidental phenomenon, but the result of the consistent policy of the Central bank to protect private deposits.&#8217;<\/p>\n<p>&#8220;It&#8217;s important that the government and the Central Bank encourage citizens to keep their money in banks, because this leads to the economic development of the republic,\u2019 he said.<\/p>\n<p>The German expert praised the government for a bill passed lately by the parliament that more than doubled the size of insured deposit in the Armenian drams from 4 to 10 million drams and the size of deposits in feign currency from the equivalent of 2 million to 5 million drams.<\/p>\n<p>According to estimates of the Central Bank of Armenia, after the passage of the law some 95% of private deposits will be protected.<\/p>\n<p>According to the National Statistical Service, as of late August 2015, Armenian resident deposits in the banks stood at 1. 422.1 trillion drams billion, a decline of 0.8% over the previous month.<\/p>\n<p>Deposits in the national currency were worth 497.5 billion drams, a 3% drop, while deposits in foreign currency grew by 0.4% to 924.5 billion drams. ($ 1 &#8211; 471.86 drams). &#8211; 0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>More than 94% of private bank deposits in Armenia are fully insured, Veit H.Gesenhues, head of the Armenian office of the German Savings Banks Foundation for International Cooperation, told local reporters today<\/p>\n","protected":false},"author":1,"featured_media":171328,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,12164,14052],"class_list":{"0":"post-92418","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-deposits","11":"tag-private-bank"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/92418","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=92418"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/92418\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/171328"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=92418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=92418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=92418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}