Retail deposits reached 638 AMD bil in 2012 in Armenia, according to the National Central Bank. This is 30.3 % more than in the previous year.
Historically, retail deposits in Armenia reached an all time high of 638 AMD bil in 2012 and an all time low of 46.7 AMD bil in 2000. When compared to Armenia's main peers, retail deposits in Azerbaijan amounted to 5.11 AZN bil and 431 TRY bil in Turkey in 2012.
Armenia has been ranked 31st within the group of 66 countries we follow in terms of retail deposits, 12 places behind the position seen 10 years ago.
A bank retail deposit is money placed into a banking institution for safekeeping by physical persons.