Armenian banks’ clientele base grew by 21.2 percent to 1.74 million

YEREVAN, July 1. /ARKA/. At the end of 2013 April the number of corporate and individual customers of Armenian banks grew by 21.2 percent from a year before to 1,746,909. Compared with the previous month of April their number grew by 3.2 percent, the National Statistical Service told ARKA.

Of them 72,600 were corporate clients (an increase of 3.8% from 2012 April), while the number of individual clients grew by 22.1 percent to 1, 674,300.

At the end of April 2013 the banks had 2.9 million accounts, by 70 percent up from a year before. The number of individual bank accounts rose by 73 percent to 2.74 million, while the number of corporate bank accounts grew by 30 percent to 158,000.

At the end of May the total amount of individual deposits grew by 9.3 billion drams (1.4 percent) from April 2013 to 699.8 billion drams and by 167.9 billion drams or 31.6 percent from a year before. ($1 – 409.09 drams). -0-

spot_img

POPULAR

Loans issued by Armenian commercial banks exceeded 8.16 trillion drams at the end of March

The volume of loans issued by commercial banks in Armenia as of the end of March 2026 amounted to 8,163,745 million drams, compared to 8,035,184 million drams at the end of February, according to data from the Statistical Committee.

Assets of Armenian credit institutions increased by 11.87% to 882.4 billion drams in the first quarter of 2026

The total assets of Armenia's credit institutions as of March 31, 2026, amounted to 882.4 billion drams, an increase of 11.87% compared to March 31, 2025. This is evidenced by the consolidated financial report of the country's credit institutions.

State Revenue Committee of Armenia has identified violations in the cryptoasset sector

The State Revenue Committee of Armenia has identified a number of violations in the sphere of the purchase and sale of cryptoassets and the provision of related services, the agency reports.

Planning your trip from a scratch: tips from IDBank

Have you already decided where you want to spend your vacation? While being on a trip is always associated with pleasant expectations, planning it can sometime turn into a real disaster.

EDB assessed the reasons for rising inflation in Armenia and maintenance of refinancing rate

Inflation in Armenia accelerated in April amid rising prices for food and non-food products, according to the Eurasian Development Bank's weekly macro review.

LATEST NEWS

spot_imgspot_imgspot_img