Tue, 4 March
2.1 C
Yerevan
USD: 393.69 RUB: 4.40 EUR: 411.09 GEL: 141.36 GBP: 497.94
spot_img

Number of clients to Armenian commercial banks rises to over 1.69mln in March

YEREVAN, June 1. /ARKA/. Number of customers at Armenian commercial banks was 1,692,866 as of March 2013, a 19.7% increase against the same period of the year before, ArmStat reports.

Number of legal entity customers was 72,500 at the end of March, an increase of 3.6% compared with March 2012. Number of individual clients rose by 20.5% to 1,620,300 people.

There were over 2.8 million account numbers at commercial banks of the country as of the end of March (23.1% increase). Personal bank account numbers totaled about 2.68 million, an increase of 24.2% compared with March 2012. There were 158,800 bank accounts held by legal entities in the period (7.9% increase).

Bank VTB (Armenia) joint accounts cover 3,469,462 customers.

Balance of deposits from the population was around 690.5 billion drams by the end of April, which is an increase of 0.9% over the month, and an increase of 33.6% or 173.5bln drams compared with the same period of the year before. ($1=417.22drams). –0–

spot_img

POPULAR

Net inflow of remittances to Armenia from abroad decreased by 1.7 times in January

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the banking system of Armenia, amounted to $18.7 million in January 2025, compared to $32.8 million in January 2024, according to the report from the Central Bank of Armenia.

Euro exchange rate plummets by 3.34 points

The average market exchange rate of the U.S. dollar to the Armenian dram on February 28, 2025, amounted to AMD 393.26, having increased by 0.09 points compared to February 27.

Government makes its first attempt to regulate the cryptosphere

At a meeting on Thursday, the Armenian government approved the law "On Cryptoassets," aimed at introducing regulations in the areas of cryptocurrency circulation, exchange, and service provision.

C-QUADRAT AAM Armenia CEO: Investments in Formula VC venture fund will develop Armenia’s technological future

The unprecedented decision of the C-QUADRAT Ampega Asset Management Armenia pension fund to invest $1 million in the Formula VC venture fund in 2024 is very important for Armenia, said Arman Vardanyan, CEO of C-QUADRAT Ampega Asset Management Armenia, summing up the results of a year of cooperation with the Formula VC venture fund.

New Armenian Formula VC II fund invests $30 mln in 40 tech startups with Armenian roots around the world

Armenian Formula VC fund announced the launch of Formula VC II fund on Thursday. 

LATEST NEWS

spot_imgspot_imgspot_img