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Number of Armenian banks’ clients reaches 1,101,300 by late October

YEREVAN, January 11. /ARKA/. Armenian banks enlarged the number of their clients by 13,900 in October to 1,101,300, of which 58,700 were legal entities and 1,042,600 individuals, National Statistical Service reports.

By late October, Armenian commercial banks had 1,485,800 accounts, of which 1,373,100 belonged to individuals.

VTB Bank (Armenia) had 3,469,462 clients by late October.

The balance of deposits attracted from the country’s population reached AMD 282 billion after growing 2.4% or by AMD 6476 million over October 2009 and 39.3% or by AMD 79.6 billion, compared with the same month a year earlier.

The balance of time deposits attracted from the population amounted to AMD 211.8 billion after growing 3.3% or by AMD 6734 million over October and 41.6% or by AMD 62.2 billion, compared with the same month a year before.

($1 = AMD 377.89).-0–

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