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

Armenia to establish endemic seed bank to protect agriculture from climate change

The Armenian-French "Seed" program, supported by the Acba Federation, was presented at COP17.

Acba Bank at COP17: Solutions for Sustainable Agriculture

At COP17, Acba Bank participated in a panel discussion organized by the European Bank for Reconstruction and Development (EBRD) dedicated to the future of sustainable agriculture, long-term investments, and the need for environmentally responsible financing solutions.

Nearly $2 billion in new biodiversity funding announced at COP17 in Yerevan — UN

At the 17th Conference of the Parties to the UN Convention on Biological Diversity (COP17), which concluded in Yerevan, nearly $2 billion in new funding for biodiversity conservation was announced, according to a final press release from the Convention Secretariat published on October 31.

Armenia’s public debt-to-GDP ratio in 2027 may exceed the expected 2026 figure by 0.7 percentage points

Armenia's public debt-to-GDP ratio in 2027 is projected to be 47.2%, which is 0.7 percentage points higher than the expected 2026 figure, according to Martin Galstyan, Chairman of the Central Bank of Armenia.

Sevak Mikayelyan elected as a member of the Board of the Central Bank of Armenia

The National Assembly of Armenia elected Sevak Mikayelyan as a member of the Board of the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img