In the first half of 2018 the volume of time deposits of individuals in commercial banks of Armenia decreased by 7.7% to 1.2 trillion drams on July 1.
According to the data of the financial rating of the Armenian banks, only in the second quarter of 2018 time deposits of individuals decreased by 2%, and demand deposits increased by 2.3%.
As of July 1, 2018 the total volume of deposits of individuals and legal entities made 1.8 trillion drams or $ 3.6 billion, and the volume of demand deposits - 810.3 billion drams or $ 1.7 billion.
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