Sat, 21 February
12.1 C
Yerevan
USD: 376.82 RUB: 4.90 EUR: 443.25 GEL: 140.90 GBP: 507.65

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

Yerevan budget revenues executed 103.6% in January 2026 — Municipality

Yerevan's budget revenues in January 2026 amounted to 7.2 billion drams, compared to the planned 6.9 billion drams, Acting Head of the Revenue Accounting and Collection Department of the Yerevan Municipality, David Hakobyan, announced at a working meeting on Monday.

Two-thirds of Armenia’s January inflation was driven by rising food and soft drink prices – WB

Two-thirds of the inflation was driven by a 5.9% increase in food and soft drink prices, according to the World Bank's "Armenia Monthly Economic Update – February 2026."

Union of Banks of Armenia: cryptocurrency market is gaining momentum with 2-3 banks planning to obtain licenses

The Armenian cryptocurrency market is gaining momentum: 2-3 banks plan to obtain separate licenses to handle these operations, Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated in response to a question from ARKA news agency.

USD, euro, and ruble appreciate against Armenian dram

As of February 16, 2026, the average market exchange rate for the US dollar to the Armenian dram increased by 0.73 points compared to February 13, reaching 377.67 drams.

EDB assesses factors driving Armenia’s GDP growth in 2026 – macro review

According to EDB forecasts, Armenia's GDP will grow by 5.3% in 2026.

LATEST NEWS

spot_imgspot_imgspot_img