YEREVAN, DECEMBER 19, NOYAN TAPAN. Last week the overall assets of the Armenian banking system grew by 16.2 billion drams and made 1 trillion drams (about 3 bln 243.5 mln USD), passing this threshold for the first time. There was mainly a growth in correspondent accounts in banks, cash in banks and credits. The credits increased by 3.3 billion drams, incliding a growth of 1.8 bln drams in credits to legal entities and that of 1.4 bln drams in credits to natural persons. According to the PR Service of the Central Bank of Armenia (CBA), the overall capital of the banking system increased by 5.9 bln drams in the indicated period and made 229.4 bln drams, which was conditioned by replenishment of a total of 4.2 bln drams in the authorized funds of 3 banks and a profit of 1.7 bln drams made by the banking system last week. The liabilities of the system grew by 10.3 bln drams to 771 bln drams. The deposits of natural persons grew by 3.7 bln drams.

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