22.05.2018 17:55
YEREVAN, May 22. /ARKA/. No extraordinary outflow of capital was reported from Armenian banks during the political crisis in late April and early May, however, a number of depositors chose to terminate their contracts with local banks, the chairman of the Central Bank of Armenia Artur Javadyan said today when speaking at meeting of a parliamentary committee on financial and budgetary issues.
"There was no purposeful and large-scale outflow of capital from the country. But some depositors rushed to terminate their contracts, however, from May 10 the depositors began to bring their money back to the banks," he said.
According to him, if the number of depositors of a local bank with terminated contracts numbered on average 10 contracts per day, in late April and early May their number surged to 300, but then this number declined to about three per day.
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