Yerevan /Mediamax/. In December, 2008, “Ameriabank” registered considerable growth of time deposits’ volume - 119.3%.

As Mediamax was told in the press service of the bank today, the growth of retail deposits’ volume made 14.6%, corporate time deposits – 150.4%.

In January, 2009, total time deposits in “Ameriabank” grew by 10.8%, and the growth of retail deposits was 46.4%.

“Whereas total volume of deposits in the banking industry of Armenia declined the increase of Ameriabank deposit volumes can be attributed to the full insurance of deposits initiatiated with the purpose of strengthening customer confidence in Armenia’s banking system”, the bank’s press service noted.