Wednesday, August 14 2013 17:02

Armenia's banks increase their call deposits and loro accounts


ArmInfo. In Q2 2013 Armenia's banks registered a 6.7% drop in corporate time deposits to 196.5bln AMD or $479.5mln and a 2.3% growth in personal time deposits to 659.7bln AMD or $1.7bln.

Call deposits grew by 18% to 482.3bln AMD or $1.2bln, loro accounts by 22.5% to 7.6bln AMD or $18.5mln.

Total liabilities grew by 2.9% to 2.2tln AMD or $5.4bln, wherein liabilities to the Government grew by 5.9% to 69.6bln AMD or $169.9mln, liabilities to the Central Bank, banks and other financial organizations by 0.4% to 714.4bln AMD or $1.7bln, due interest by 1% to 23.5bln AMD or $57.1mln.

In Q2 2013 total capital grew by 1.9% to 413.2bln AMD or $1bln, assets by 2.8% to 2.6tln AMD or $6.4bln. As of July 1 2013 there were 22 banks with 477 branches in Armenia.
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