Tue, 28 October
17.1 C
Yerevan
USD: 382.78 RUB: 4.78 EUR: 446.44 GEL: 140.95 GBP: 509.98

Armenian Banks’ Clients Contract by 106,600 In July

YEREVAN, October 1, /ARKA/. The overall number of Armenian banks’ clients contracted by 106,600 in July to a little over 1 million, the National Statistical Service said. The number of individual clients stood at 998,200 and the number of corporate clients at 66,300.

At the end of June there were 1,668,700 accounts at all commercial banks, of which 1,561,400 were individual accounts. At the end of August the balance of individual deposits was 309.4 billion Drams, falling by 3.2 billion or 1% from July, but compared to the same period of time last year it grew by 48.4 billion Drams or by 15.6%.

The balance of individual time deposits was 229.6 billion Drams, dropping by 1.6 billion Drams over one month or by 0.7%, but compared to the same time span of 2009 it grew by 37.8 billion Drams or 16.4%. ($1 – 361.31 Drams). –0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

LATEST NEWS

spot_imgspot_imgspot_img