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Armenian banks’ time deposits grow by 12 percent in second quarter to about 667.9 billion drams

24.08.2013 12:41

Armenian banks’ time deposits grow by 12 percent in second quarter  to  about 667.9 billion drams

YEREVAN, August 24. / ARKA /. Armenia’s 21 banks’ time deposits of individuals and private entrepreneurs saw an almost 12 percent rise in the second quarter of the year when compared to the beginning of the year,  to  about 667.9 billion drams as of June 30, according to interim financial statements of the banks for the second quarter.

The largest bank by size of time deposits was the Russian-owned VTB Bank (Armenia), which held 11.12% (over 74 billion drams) of all time deposits, an increase of 26 percent from the beginning of the year.

The Russian-owned bank was followed by Unibank with  about 72.6 billion drams worth time deposits (10.33 percent growth), Ardshiinvestbank with more than 61.4 billion drams worth time deposits (11.66% growth), ACBA-Credit Agricole Bank - 57.4 billion drams worth time deposits (up 14.55%) and Armbusinessbank - 57.3 billion drams worth time deposits (a decline of 15.28%).

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Individuals and individual entrepreneurs’ time deposits in Armenian banks grow 8.6% to AMD 329.5 billion

30.05.2011 14:40

Individuals and individual entrepreneurs’ time deposits in Armenian banks grow 8.6% to AMD 329.5 billion

Individuals and individual entrepreneurs’ time deposits in Armenian banks grew 8.6% over the first quarter of this year reaching AMD 329.5 billion by late March.

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Armenian Ameriabank offers new, “Golden Structural” time deposit to individuals

11.02.2011 14:44

Armenian Ameriabank offers new, “Golden Structural” time deposit to individuals

Armenian Ameriabank offers a new type of time deposit Golden Structural to individuals.

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Total of $1.627.1 billion remitted to Armenia by individuals in 2010 through banks

09.02.2011 13:08

Total of $1.627.1 billion remitted to Armenia by individuals in 2010 through banks

A total of $1.627.1 billion were remitted to Armenia by individuals in 2010 through the banking system.

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Some $950 million remitted to Armenian from Russia in 2009: Central Bank

10.02.2010 12:50

Some $950 million remitted to Armenian from Russia in 2009: Central Bank

Some $950 million were remitted to Armenian from Russia in 2009 through the banking system to individuals, the Central Bank of Armenia said in its monthly bulletin.

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