98% of Armenian citizens keep savings in AMDSeptember 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. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Ucom Celebrates Telecommunication Day May 17 commemorates the founding of the International Telecommunication Union on May 17, 1865. Armenian, Azerbaijani heads of parliament meet in Switzerland President of the Armenian parliament Alen Simonyan met with the Speaker of the Azerbaijani Milli Majlis Sahiba Gafarova. Border residents overnight on highway to protest Armenia’s Residents of Kirants continue to express outrage over the government’s decision to cede land to Azerbaijan. Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. |