Armenian central bank’s total liabilities shrink 1.2% to AMD 1 397 billion

01.12.2016 16:07
Armenian central bank’s total liabilities shrink 1.2% to AMD 1 397 billion

YEREVAN, December 1. /ARKA/. Total liabilities of the Central Bank of Armenia have shrunk 1.2% or by AMD 17.3 billion since the beginning of this year to AMD 1 397 billion by late September, the regulator’s press office reported on Thursday.

The central bank’s liabilities in foreign currencies totaled about AMD 579.2 billion after growing 7.3%, compared with 2015. Its currency commitment to the government reduced 9.7% in the third quarter to AMD 1.2 billion.

Financial and other organizations’ currency deposits and accounts in the central bank have grown 3.2% since the beginning of this year to AMD 192.9 billion.

Other borrowings in foreign currencies amounted to AMD 104.8 billion in late September 2016 against AMD 98.5 billion in 2015 (6.4% growth). The regulator’s other currency liabilities totaled AMD 206.1 million (3.3% reduction).

The central bank’s liabilities in the national currency amounted to AMD 817.8 billion – 6.5% less than in late 2015.

Its liabilities to the government in drams have contracted by 20.7% over the mentioned period to more than AMD 150.4 billion.

Dram liabilities – banknotes and coins in circulation shrank 1.3% to AMD 408.1 billion.
Dram accounts and deposits of financial and other organizations reduced 7.4% to AMD 301.8 billion.

Other dram liabilities amounted to AMD 2.4 billion (26.3% growth). ($1 – AMD 480.20). -0----


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