Number of Armenian banks’ clients reaches AMD 1.79 million by late July

YEREVAN, October 1. /ARKA/. The number of Armenian commercial banks’ clients has risen 20% since July 2012 reaching 1,799,262 by late July 2013, the National Statistical service reports.
Compared with June 2013, it rose 1.1%.

Some 73,600 of this number are corporate clients – 3.8% year-on-year growth, and 1,725,000 are individuals – 20.8% year-on-year increase.

There were more than 3,010,700 accounts at Armenia’s commercial banks – 67.4% year-on-year increase.

Of them, about 2,849,800 were individual accounts (70.2% year-on-year increase) and 160,800 were corporate clients’ accounts (29.4% rise).

Balances in the population’s deposits at Armenia’s banks totaled AMD 726.3 billion in late August 2013 after growing 1.0% or by AMD 7.2 billion over the month and 24.9% or by AMD 144.7 billion, compared with the same month a year earlier. ($1 – AMD 405.29). —0—-

spot_img

POPULAR

A young couple created a “honey planet” in Garni

Three years ago, young spouses Narek Sargsyan and Ruzanna Danielyan created their own "honey planet" in Garni—Bee Planet.

Armenia has benefited from capital transit, but its origins pose reputational risks – Tavadyan

The report of the Council of Europe Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) on Armenia documented the country's progress in developing its anti-money laundering and counter-terrorist financing systems, but identified insufficient effectiveness in investigations, prosecutions, and confiscation of criminal assets, as well as the need for stronger oversight in several economic sectors.

Fitch Ratings affirmed Armenia’s rating at ‘BB-‘, maintaining a positive outlook

International rating agency Fitch Ratings has affirmed Armenia's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB-' with a Positive Outlook.

Fitch: Armenia’s International Reserve Adequacy to Remain Below That of Similar-Rated Countries by 2028

Armenia's international foreign exchange reserves have reached a record high, but their sufficiency to cover the country's external needs in the medium term will remain below the average for countries with similar credit ratings, according to a report by the international rating agency Fitch Ratings.

Euro and dollar exchange rates against the Armenian dram rose, while the ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of July 10, 2026, increased by 0.26 points to 367.38 drams.

LATEST NEWS

spot_imgspot_imgspot_img