Armenian banks’ customers grew last year by 18 percent to 1.89 million

YEREVAN, March 4. / ARKA /. Armenia-based 21 commercial banks had 1,899,204 customers in 2013 late December, an increase of almost 18 percent from the previous year, the National Statistical Service (NSS) reported.

The number of corporate customers grew by 5.1 percent from 2012 December to 76,239, while the number of individual customers surged by 18.3 percent to 1,822,965 people, NSS said.

In late December last year all the banks had more than 3,201,229 accounts, by almost 64 percent more from the year before, including 3,034, 229 individual bank accounts, by 55 percent more from the year before. Corporate bank accounts grew by 29.6 percent to 167, 000.

In late January 2014, all 21 banks kept 791.2 billion drams worth individual deposits, by 984 million drams or 0.1 % more from the previous month. Compared to the same time span in 2012 the deposits grew by 143.8 billion drams or 22.2 %. ($ 1 – 413.60 drams). -0-

spot_img

POPULAR

Net inflow of remittances to Armenia from abroad increased approximately 2.7-fold in four months

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $728.1 million in January-April 2026, compared to $273.4 million in January-April 2025, according to a report from the Central Bank.

Average exchange rate of the Armenian dram to the US dollar in May was 4.7% lower than a year ago

In May 2026, the average exchange rate of the Armenian dram to the US dollar was 368.5 drams, compared to 386.6 drams in May 2025, according to data from the Statistical Committee of Armenia.

Armenia could become a platform for implementing insurance technologies and AI solutions: head of the Bureau of Motor Insurers

Armenia could become a practical platform for testing and implementing modern insurance technologies and solutions based on artificial intelligence.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (May 25-31) 

The week in Armenia's financial market was influenced by the Central Bank's signals on financial stability, credit risks, and banking sector profitability. Capital market development and client protection issues were also in focus.

Unibank has launched instant transfers by phone number

Phone number transfers are now available in Unibank’s UNIMobile application.

LATEST NEWS

spot_imgspot_imgspot_img