Mon, 28 July
34.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Number of Armenian commercial banks’ clients grows 1.2% to AMD 1.76 million in May

YEREVAN, July 31. /ARKA/. The number of Armenian banks’ clients reached 1,768,146 by late May 2013 after growing 20.7%, compared with the same month a year before, and 1.2%, compared with the previous month, National Statistical Service of Armenia reports.

According to the report, the number of corporate clients was 73,000 in May 2013 – 2.9% year-on-year growth, and the number of individuals was 1,695,000 – 19.9% year-on-year growth.

The country’s commercial banks had more than 2,949,600 accounts in late May – 66.3% year-on-year growth.

Of them, 2,790,600 were individual’ accounts (69.3% year-on-year growth) and 158,900 were corporate clients’ accounts (27.6% growth).

Balances on the population’s deposits in banks totaled AMD 705.6 billion by late May 2013 after growing 0.8% or by AMD 5.7 billion over the month and 26.3% or by AMD 146.8 billion since the same month a year before. ($1 – AMD 409.9). —0—-

spot_img

POPULAR

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

Armenian Market: Acceleration of Economic Activity is Positive for the Market

In the period from June 16 to June 30, 2025, the Armenian stock market demonstrated mixed dynamics.

 Law on Cryptoassets enters into force in Armenia

The Law on Cryptoassets entered into force on July 4, 2025, the press service of the Central Bank of Armenia reports.

LATEST NEWS

spot_imgspot_imgspot_img