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Number of clients rises to 1.85 mln at Armenia’s banks in August

YEREVAN, November 5. /ARKA/. Number of customers at Armenian commercial banks was 1,854,109 as of August 2013, a 22.2% increase against the same period of the year before and a 3% increase compared to July, ArmStat reports.

Number of legal entity customers was 75,600 at the end of August, an increase of 6% compared to September 2012. Number of individual clients rose by 23% to 1,778,500 people.
There were over 3,110,900 account numbers at commercial banks of the country as of the end of August (69.7% increase).

Personal bank account numbers totaled 2,947,400, an increase of 72.6% compared with August 2012. There were 163,500 bank accounts held by legal entities in the period (29.4% increase).
Bank VTB (Armenia) joint accounts cover 3,469,462 customers.

Balance of deposits from the population was around 734.4 billion drams by the end of September, which is an increase of 7.9bln drams or 1.1% over the month, and an increase of 24.8% or 145.9bln drams compared with the same period of the year before. ($1=405.29drams). –0–

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Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Deposits in commercial banks of Armenia at the end of June amounted to 6.7 trillion drams

According to the National Statistical Committee, the volume of deposits in all 17 Armenian commercial banks at the end of June 2025 amounted to 6,693,323 million drams, up from 6,665,578 million drams in May.

Volume of loans issued by commercial banks of Armenia exceeded 7 trillion drams at the end of June

The volume of loans issued by commercial banks of Armenia as of the end of June 2025 amounted to 7,053,648 million drams against 6,866,119 million drams at the end of May.

Euro jumps 2.54 points to AMD 447.76

The average market exchange rate of the US dollar to the Armenian dram on August 7, 2025, fell by 0.03 points compared to August 6 and amounted to AMD 383.65.

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