Foreign currency household deposits rise to AMD 559.3 bln in Armenia in April

13.06.2014 12:26
Foreign currency household deposits rise to AMD 559.3 bln in Armenia in April

YEREVAN, June 13. /ARKA/. Foreign currency household deposits in Armenia’s commercial banks totaled 559.3 billion drams by the end of April, an increase of 1.2% compared to March, the Central Bank posted on its official website.

Foreign currency time deposits by households were over 481.1 billion drams or nearly 86% of the overall foreign currency household deposits, a 0.6% increase compared to the month before.

Local currency (AMD) household deposits were about 267 billion drams in the reporting month, a 4.3% increase from March.

Overall deposits in commercial banks exceeded 1,602.9 billion drams as of the end of April, a decrease of 2.7%.

As of the end of April 2014 there were 21 commercial banks registered in Armenia. ($1 – 411.75 drams). –0--


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