YEREVAN, July 1. /ARKA/. The aggregate amount of deposits in Armenia’s commercial banks keeps shrinking, the National Statistical Service reports.

The amount began dwindling three months ago - contacted by 0.14% in May alone to AMD 1 983.7 billion by the end of the month.

According to the statistical report, residents’ deposits totaled AMD 1 544.6 billion in late May after reducing 0.2% over one month mainly because of reduction in foreign currency deposits, which shrank 1.2% to 955.2 billion.

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Tags: Armenia, commercial bank, Deposit

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The Central Bank of Armenia has set up a system of differentiated obligatory insurance payments which Armenia’s banks transfer to the deposit guarantee fund

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Tags: Armenia, Deposit, guarantee, insurance, PAYMENTS

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The vice-president of the Union of Banks of Armenia Seyran Sargsyan ruled out today sharp changes in interest rates on deposits in Armenian dram

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In late August 2015 the overall deposits at 21 Armenian commercial banks stood approximately at 1.835.6 trillion drams, having decreased by 0.8% from the previous month, according to the latest numbers, released today by the National Statistical Service (NSS)

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VTB Bank (Armenia) said today all those Armenian citizens who have their summer vacations outside the country or are having protracted business trips can use its safe deposit boxes for safekeeping their cash, jewelry, valuable papers and documents

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The total amount of deposits at Armenia’s commercial banks reached AMD 1 801 billion by late May 2015 after growing 2.4% over the month, the National Statistical Service of Armenia reports

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Tags: AMD, Armenia, Deposit

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Residents’ deposits in Armenia’s commercial banks rose by 2.8% to 1,759.4 billion drams in April this year, after having kept declining in the previous three months, the National Statistical Service reported

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Tags: Armenia, Deposit, RESIDENT

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Anelik Bank offers a new deposit – Hot Summer, the bank’s press office reported on Wednesday

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VTB Bank (Armenia) has unveiled today a new type of deposit called “National” and designed for non-resident individuals in Armenia

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Tags: Armenia, Deposit, VTB Bank (Armenia)

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The Central Bank of Armenia proposes to increase the size of guaranteed deposits in drams to AMD 10 million and in foreign currencies to the amount equal to AMD 5 million, Mher Abrahamyan

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Tags: Armenia, CBA, Deposit

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