Armenia’s CB total liabilities up 6.7% to AMD 1.180.3 trln

16.04.2013 14:53
Armenia’s CB total liabilities up 6.7% to AMD 1.180.3 trln

YEREVAN, April 16. /ARKA/. Armenian Central Bank (CB) said Tuesday its aggregate liabilities increased year-over-year by 74.6 billion drams or 6.7% to over 1 .180.3 trillion drams as of 31 December 2012.

According to the source, foreign exchange liabilities amounted to 445.1 billion drams, having decreased by 2.3% throughout 2012

Also Central Bank’s foreign exchange liabilities to the government downed by 31.6% to 2.7 billion drams in 2012.

Foreign currency deposits and accounts of financial and other organizations dropped by 15.7% year-over-year to 87.9 billion drams in 2012.

Central Bank’s other borrowings during the reported year stood at 53.2 billion drams versus 38.8 billion drams in 2011 (36.9% upturn).

Other foreign currency liabilities of the Central Bank amounted to 244.3 million drams.
As follows from the Central Bank’s report, the liabilities in AMD accounted for 62.3% of all liabilities (58.8% as of end-2011) –735.2 billion drams, which was 13.1% higher from 2011.
Dram liabilities of the CB to the government rose by 38% to over 110.7 billion drams.

Dram liabilities – bank notes and coins in circulation increased by 10.4% to nearly 440.1 billion drams in 2012.

AMD accounts and deposits of financial and other institutions grew by 7.8% to 179.8 billion drams.
Some other AMD liabilities amounted 3 billion drams as of 31 December. ($1 – 416.90 drams).—0-

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