Balance Of Population’s Deposits Attracted By Armenian Banks Grows B

BALANCE OF POPULATION’S DEPOSITS ATTRACTED BY ARMENIAN BANKS GROWS BY 24.2% IN ONE YEAR

Noyan Tapan
Apr 05 2007

YEREVAN, APRIL 5, NOYAN TAPAN. According to preliminary data of the
Central Bank of Armenia (CBA), as of February 28, 2007, the monetary
base made 258 bln 404 mln drams (about 710.9 mln USD), growing by 3
bln 472 mln drams or 1.4% on the previous month.

As of February 28, 2007, the broad money made 469 bln 654 mln drams,
growing by 9 bln 670 mln drams or 2.1% on the previous month.

The balance of the population’s deposits attracted by the banks made
126 bln 103 mln drams as of February 28, 2007, growing by 4 bln 182
mln drams or 3.4% on the previous month, and by 24 bln 531 mln drams
or 24.2% on the same day of last year.

From: Emil Lazarian | Ararat NewsPress

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