YEREVAN, August 24. /ARKA/. The annual growth of the capital of Armenian banks is expected to average 22.7% at a period between 2016 and 2018, the Central Bank of Armenia says in its report ‘Possible Developments of Armenia’s Banking Sector in 2016-02018’ based on programs of prospective development of Armenian banks.

According to the report, the country’s banks expect that their aggregate liabilities will grow 6.4%, on average, every year over the mentioned period and that they will increase 20.2% for these three years.

They also expect a 27.2% increase in individual and corporate deposits in 2016-2018.

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Tags: Annual growth, Armenia, Banks, CAPITAL

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