In Q1 2013 Call Deposits Of Armenian Banks Grew By 14.9%, With Time

IN Q1 2013 CALL DEPOSITS OF ARMENIAN BANKS GREW BY 14.9%, WITH TIME DEPOSITS GROWING BY 10%

2013-05-16 16:02:00

ArmInfo. In Q1 2013 call deposits of Armenia’s banks grew by 14.9%,
with time deposits growing by 10%. The press service of Armenia’s
Central Bank reports that personal time deposits grew by 9.1%
as compared with Q4 2012 and by 41.2% as compared with Q1 2012 to
644.9bln AMD or $1.5bln. Corporate times deposits grew by 13.4% and
44.1%, respectively, to 210.8bln AMD or $503.5mln. As compared with
Q1 2012 call deposits grew by 33.7% to 408.8bln AMD or $976.5mln. As
compared with Q4 2012 liabilities of Armenia’s banks grew by 4.2%,
as compared with Q1 2012 by 29.3% to 2.2tln AMD or $5.2bln, capital
by 1.2% and 11.7%, respectively, to 405.4bln AMD or $986.6mln, assets
by 3.7% and 26.2%, respectively, to 2.6tln AMD or $6.1bln.

From: Emil Lazarian | Ararat NewsPress

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

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Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS