Monday, December 3 2012 19:59
In Armenian banks AMD deposits down 26.3%, foreign exchange deposits up 31.2% over year
ArmInfo. Deposits raised by Armenian commercial banks for Oct 2012 were up 0.9% to 1.175 bln AMD ($2.9 bln) by 1 Nov 2012 (30.4% growth versus Oct 2011).
In the structure of the raised deposits, the share of deposits in Armenian dram was 30% or 351.5 billion drams ($887 million), the share of deposits in foreign exchange was 70% or $2.032 billion (824 billion drams). The share of deposits in drams was up 2.8% for Oct 2012 (26.3% decline versus Oct 2011). Foreign exchange deposits grew by 0.1% in Oct 2012 (31.2% y-o-y growth).
By preliminary data of the Armenian Central Bank provided to ArmInfo by the National Statistical Service of Armenia, the share of deposits of non-residents was 23.2% to 273.2 billion drams, including 18.8 billion dram deposits in drams 254.4 billion AMD deposits in foreign exchange.
Deposits of residents made up 76.8% of total or 902.3 billion drams, including 332.7 billion drams deposits in terms of Armenian dram. Deposits of residents in foreign exchange totaled 569.6 billion drams.
The share of call liabilities in deposits of residents was 32.4% or 292.7 billion drams, the share of time deposits was 67.6% or 609.6 billion drams.
The balance of population deposits as of November 1 2012 totaled 597.2 billion drams (1.5 bln USD) growing by 1.5% versus September and by 34.6% versus Oct 2011.
The interest rates of deposits in terms of Armenian dram were up down 0.01 points to 9.77% in October 2012 (up 0.55 points versus October 2011).
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