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Armenian bank salary expenses 19.4 billion drams

22.12.2009 15:41

Armenian bank salary expenses 19.4 billion drams

YEREVAN, December 22. / ARKA /. Expenditure on salaries and similar funds of the banking system of Armenia as of September 30 2009 amounted to 19.4 billion drams, having increased over the same period of 2008 by 3.9%.

According to the analysis of the ARKA News Agency based on financial reports of banks for the third quarter of 2009, the average cost of salaries and equivalents amounted to about 880 million drams against 847.3 million drams in the reporting period for January-September 2008 year.

Each month there is an average of 97.8 million drams for per bank.

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