Tue, 3 February
3.1 C
Yerevan
USD: 378.44 RUB: 4.93 EUR: 446.07 GEL: 140.62 GBP: 516.76

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

EBRD invested record €426 million in Armenia in 2025

The European Bank for Reconstruction and Development (EBRD) invested a record €426 million in the Armenian economy in 2025 through 26 projects, the bank's press service reported.

Euro ups 3.39 points against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market on January 29, 2026, increased by 0.24 points compared to January 26, reaching 379.1 drams.

Armenia’s corporate bond market grew approximately fourfold between 2018 and 2025: minister

Armenian Economy Minister Gevorg Papoyan reported that the country's corporate bond market grew more than 4.4-fold between 2018 and 2025.

Armenia’s Financial System in January 2026: Balancing Monetary Policy, Credit Growth, and Debt Sustainability

In January, Armenia's financial system evolved within the macroeconomic and monetary-credit frameworks previously established. The monetary policy adhered to the parameters set for late 2025, the banking sector continued to enhance credit intermediation, and debt policy remained a priority for financial authorities and investors.

Euro, dollar, and ruble drop against Armenian dram

As of February 3, 2026, the average exchange rate of the US dollar against the Armenian dram in the Armenian foreign exchange market has risen by 0.59 points from February 2, now standing at 378.44 drams.

LATEST NEWS

spot_imgspot_imgspot_img