Customer base of Armenian commercial banks reached 1, 322, 288 in November 2011

Banks

YEREVAN, February 8, /ARKA/. The customer base of Armenian commercial banks increased 3.1% to 1, 322, 288 as of November 2011 compared to October, Armenian National Statistics Service website reports.

Individuals amounted to 1, 252, 870 making up more than 94.8% of the customer base, a 3.2% increase from October.

The number of corporate customers shrank 0.6% to 69, 972 compared to October. There are 21 banks operating in Armenia. (($1- 388.11 drams).-0-

spot_img

POPULAR

Announces

Armenia plans to significantly increase capital expenditure on infrastructure — Ministry of Finance

Armenian Finance Minister Vahe Hovhannisyan and Asian Development Bank (ADB) Vice President Wempi Saputra discussed prospects for expanding cooperation, including in infrastructure investment and promoting the export of Armenian products.
Exchange market

Central Bank of Armenia conducts currency interventions to prevent market turmoil – Galstyan

In the face of a significant influx of foreign capital, the Central Bank of Armenia periodically conducts currency interventions to prevent serious turmoil in the currency market.
Banks

Armenia’s commercial banks contributed 149.22 billion drams to the state budget in the first nine months of 2026

All 17 commercial banks currently operating in Armenia were included in the list of the country’s 1,000 largest taxpayers for the first nine months of 2026, according to data from the State Revenue Committee of the Republic of Armenia.
Economy

Yerevan’s own budget revenues exceed target by 3.6 billion drams over 9 months

As of September 30, 2026, Yerevan’s budget had received 75.7 billion drams in own revenues, surpassing the 72.9 billion drams projected for the January–September period, reported David Hakobyan, acting head of the Revenue Accounting and Collection Department at the Yerevan City Hall.
Announces

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.26 points to 360.88 drams on October 26, 2026, compared to October 23.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Three Armenian insurance companies paid last year 3.5 billion drams in compensations to owners of car insurances
Next article
Average interest rate on short-term loans drop by 0.42 percentage points in December