The number of Armenian banks’ customers grows by 0.2% in 2010 to over 1.1 million

YEREVAN, May 5, /ARKA/. The number of Armenian commercial banks’ customers grew by 0.2% in 2010 or by 2,000 people to overall 1,137,800, according to figures, published by the Central Bank of Armenia in a report called Financial System of Armenia; Development, Regulation and Oversight. According to the report, 1, 068, 200 were individual customers and 69,200 corporate clients.

The number of customers’ current and fixed accounts grew last year by 17.1% to 1, 804,000, of which 1,669,000 were individual accounts and 135,000 corporate accounts. The report says also that the number of individual accounts rose by 17.2% and that of corporate clients by 16%. There are 21 banks in Armenia operating a total of 411 branches. ($1 – 372.79 Drams). -0-

spot_img

POPULAR

Institutional Trust and Portfolio Diversification: Renshin LLC Bonds Debut on the AMX

A major milestone in the institutional alignment of Armenia’s financial and real sectors was recorded on July 8, as bonds issued by Renshin LLC—a leading real estate developer—were officially listed on the Armenian Securities Exchange (AMX).

Members of the Armenian health insurance system will be able to receive bonuses for a healthy lifestyle

At a meeting on Thursday, the Armenian government approved the procedure for accruing bonus points within the universal health insurance system.

Inflation of 5.1% recorded in Armenia in June

In the Armenian consumer market, 12-month inflation in June of this year amounted to 5.1%, according to a report from the Statistical Committee of Armenia.

IDBank warns of scam calls impersonating pension funds

There is a growing risk of scam calls targeting the most vulnerable category of citizens -pensioners.

MONEYVAL recommended Armenia strengthen its fight against money laundering and confiscation of criminal assets

The Council of Europe's Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) noted Armenia's progress in developing its system for combating financial crime, but recommended strengthening the effectiveness of money laundering investigations, asset confiscation, and oversight of certain economic sectors.

LATEST NEWS

spot_imgspot_imgspot_img