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-

spot_img

POPULAR

Institutional Trust and Portfolio Diversification: Renshin LLC Bonds Debut on the AMX

A major milestone in the institutional alignment of Armenia’s financial and real sectors was recorded on July 8, as bonds issued by Renshin LLC—a leading real estate developer—were officially listed on the Armenian Securities Exchange (AMX).

”Araks” poultry farm produces 10 tons of poultry meat and 400 thousand eggs daily, its partner is Acba Leasing

For about 30 years, the Araks poultry farm has been providing the Armenian market with fresh poultry meat and eggs every day.

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.

Euro and ruble exchange rates against the Armenian dram continued to decline, while the dollar rose slightly: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 14, 2026, increased by 0.05 points compared to July 13, reaching 366.74 drams.

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.

LATEST NEWS

spot_imgspot_imgspot_img