Thursday, September 26 2013 19:29

In the deposits attracted by Armenian banks the dram and foreign currency deposits grow equally by 25% each


Arminfo. As of 1 September 2013, the volume of the deposits attracted by Armenian banks amounted to 1.402 trillion drams, which is by 25% more versus the indicator of the 1 September 2012, but in August it fell by 0,1%.

According to Armenian Central Bank, the growth of the bank deposits by 25% was conditioned by the equal growth of the Armenian dram and foreign currency deposits, which as of 1 September amounted to - 406,2 billion drams and 995,7 billion drams respectively, The ratio of these indices was 29% and 71%, versus the same ratio in 2012. At the same time, in August 2013 the dram deposits in Armenian banks grew by 1,3% and foreign currency deposits fell by 0,6%.

In the structure of the general volume of deposits the share of deposits attracted from the non-residents was 25% or 347.8 billion drams. The given indicator grew by 36% versus the same period of 2012, but fell by 5,5% in August. The share of deposits from residents was 75% or 1.054 trillion drams, which is by 22% more versus the same period of 2012 and by 2% more in August.

In the structure of deposits from residents the share of the call deposits was 30% or 317.8 «bln drams, and the share of the time deposits - 70% or 736.3 bln drams. The call deposits grew by 15% versus the same period of 2012, and by 5,6% for August. Time deposits grew by 25% versus the same period of 2012, and by 0,3% for August. As of 30 August 2013, the dollar exchange rate amounted to 406,24 AMD/1$).

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