98% of Armenian citizens keep savings in AMD

98% of Armenian citizens keep savings in AMD
September 18, 2012 - 12:05 AMT

PanARMENIAN.Net - Armenian physical persons’ bank deposits increased by 16 % in 2012 first half as compared with the same period of 2011, with the guaranteed deposits growing by 11.6%.

According to the Central Bank of Armenia (CBA) report on financial stability in 2012 first half, the number of investors increased by 7,16% to total 1 262 630, with 83,09% of them preferring to keep their savings in national currency – AMD.

Meanwhile, about 98% of investors’ savings don’t exceed the guaranteed amount, according to Deposit Guarantee Fund’s estimates.

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