In Late March RA Commercial Banks Attract 30-Day Deposits At LowestI

IN LATE MARCH RA COMMERCIAL BANKS ATTRACT 30-DAY DEPOSITS AT LOWEST INTEREST RATE
YEREVAN, APRIL 5, NOYAN TAPAN. In the period of March 24 to March
31, the RA commercial banks attracted 360-day and more than a year
deposits at the highest interest rate of 8% and 30-day deposits at
the lowest interest rate of 2%. According to the RA Central Bank data,
during the indicated period, the banks extended 30-day and more than a
year loans at the highest interest rate of 25% and 60-day loans at the
lowest interest rate of 7%. The dynamics of the deposits attracted by
the commercial banks is as follows: 24.03.05 31.03.05 30 days 6% 2%
60 days 4% 3% 90 days 2% 4% 180 days 8% 7% 360 days 7% 8% more than
a year 9% 8% The dynamics of the interest rates of the loans issued
by the commercial banks is as follows: 24.03.05 31.03.05 30 days 13%
22% 60 days 23% 7% 90 days 23% 20% 180 days 17% 18% 360 days 20% 20%
more than a year 21% 22%