BALANCE OF POPULATION’S DEPOSITS WITH ARMENIAN BANKS GROWS BY 41.9% IN A YEAR
Noyan Tapan
Jan 31, 2008
YEREVAN, JANUARY 31, NOYAN TAPAN. As of December 31, 2007, the
monetary base made 427 bln 118 mln drams (about 1 bln 248.6 mln USD)
in Armenia, growing by 53 bln 55 mln drams or 14.2% as compared with
the previous month.
According to preliminary data transferred by the Central Bank of
Armenia to the RA National Statistical Service, broad money made 691
bln 343 mln drams as of December 31, 2007, growing by 39 bln 709 mln
drams or 6.1% as compared with the previous month.
The balance of the population’s deposits with banks made 173 bln 45
mln drams as of December 31, 2007, growing by 10 bln 519 mln drams
or 6.5% as compared with the previous month and by 51 bln 124 mln
drams or 41.9% in a year.