Monday, March 1 2010 12:25
1,1% reduction of volume of deposits attracted by Armenia's commercial banks in January 2010
ArmInfo. The volume of deposits, attracted by Armenia's commercial banks, made up 649.5 bln drams ($1.7 bln) by February 1, 2010, having increased by 39,1% per annum (in January 2010, as compared to January 2009), and reduced by 1,1% in January 2010. In the structure of the attracted deposits, 25,6% or 166.3 bln drams ($441.6 mln) fell on the dram credits, and 74,4% or $1.3 bln (483.2 bln drams) fell on the currency ones. Specific weight of dram deposits in the total volume of deposits reduced by 1% in January under a similar fall of currency deposits, and the share of dram deposits per annum reduced by 18,1% under a similar growth of currency deposits.
According to the preliminary data of Armenian Central Bank, provided to ArmInfo by the National Statistical Service of Armenia, 18,6% or 120.9 bln drams fell on the deposits attracted from non-residents (1,7% fall in January, and 42,8% growth per annum). Dram deposits in their structure made up 7.4 bln drams (1,1% growth in January, and 23,5% fall per annum), and currency credits - 113.5 bln drams (2% fall in January, 51,3% fall per annum). 81,4% or 528.6 bln drams of the total volume of deposits fell on the deposits from residents, 159 bln drams of which are dram deposits (1% fall in January, and 18,1% fall per annum), and 369.7 bln drams - currency deposits (almost 1% growth in January, and almost twofold growth per annum).
40,3% or 213.1 bln drams in the structure of deposits, attracted from residents fell on the demand deposits (2,9% fall in January, and 28,9% growth per annum), and - 59,7% or 315.5 bln drams fell on the fixed deposits (0,3% growth in January, and 45,5% growth per annum).
6,4% January fall was fixed on the dram demand deposits from residents (7,7% annual growth) to 97.6 bln drams, and 0,3% January growth was fixed on the currency demand deposits (54,5% annual growth). 3% January fall was registered on the fixed dram deposits from residents (almost twofold annual growth) to 61.3 bln drams, under 1,1% January growth of fixed currency deposits (over twofold annual growth) to 254.2 bln drams.
The population deposit balance as of February 1, 2010 made up 293.6 bln drams, having grew by 0,7% per month, and by 47,7% per annum. Fixed deposits of the population grew by 1,4% in January 2010, and by 43,6% per annum to 216.9 bln drams.
According to the source, the interest rates on dram deposits in January 2010 reduced from 8,1% to 7,79%, having increased by 0,5 point per annum.
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