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Number of commercial banks’ clients in Armenia rose to 1.9 million as of end of January

YEREVAN, April 3. /ARKA/. Number of customers in Armenia’s banking system totaled 1,903,029 people as of the end of January 2014, an increase of 17.5% compared to the same period of the year before, ArmStat told ARKA.

Of the, 75,679 were legal entities, 5% increase against January 2013, and 1,827,350 were individuals (18.1% increase).

At the same time, there were over 3,218,162 accounts registered in the country’s commercial banks, an increase of 64.6% against the 2013 January level.

Number of personal accounts was 3,052,646 (67% increase) and that of organizations was 165,516 (29.5% increase).

Balance of deposits from population was about 806.8 billion drams as of the end of February 2014, an increase of 15,596mln drams or 0.2% over a month and increase of 139.9bln drams or 20.9% compared to the same period of the year before. (1=413.62drams). -0-

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