Mon, 28 April
15.1 C
Yerevan
USD: 389.46 RUB: 4.73 EUR: 441.92 GEL: 141.70 GBP: 519.38
spot_img

Number of commercial banks’ clients in Armenia shrinks 6.4% over June 2014 to 1.9 million

YEREVAN, September 4. /ARKA/. The number of commercial banks’ clients in Armenia contracted by 6.4% over June 2014 to 1,915,274 by the end of the month, the National Statistical Service reports.

The country’s commercial banks had 72,654 corporate clients and 1,842,620 individual clients in late June.

They had 3,261,658 accounts (6.8% reduction over the month) – 3,098,643 belonging to individuals and 163,015 to corporate clients.

According to the statistical report, balances on the population’s deposits in banks totaled AMD 847.9 billion in late July after growing 0.4% or by AMD 3536 million over the month and 17.9% or by AMD 128716 million, compared with the same month a year before. ($1 – AMD 410.15). –0–

spot_img

POPULAR

Armenia may access $25 mln from the IMF under the SBA agreement in June

An International Monetary Fund (IMF) team led by Iva Petrova visited Yerevan from March 31 to April 10, 2025, to conduct discussions for the fifth review under the Stand-By Arrangement (SBA) with Armenia.

Armenia Enters Top 10 Countries in the World with Lowest Inflation in 2024 – IMF

Armenia was among the top 10 countries in the world with the lowest annual inflation in 2024. Such data is provided in an IMF study on 156 countries.

In Armenia, remittances have begun to recover after a 35% decline in 2024

On the demand side, average real wages in Armenia have increased in 2025, and net money transfers have shown an upward trend, contributing to consumption growth, according to the World Bank's Armenia Monthly Economic Update – April 2025.

Instruments for supporting SMEs in Armenia were discussed with bankers at the Ministry of Economy

Financial instruments for supporting small and medium-sized businesses (SMEs) were discussed by Deputy Minister of Economy of Armenia Lilia Sirakanyan and bank representatives.

Armenia ratifies EUR 10.1 million investment agreement with EIB on Yerevan’s Second Energy Efficiency Program

The Armenian Parliamentary Committee on Financial, Credit and Budgetary Affairs gave a positive conclusion at its meeting on Friday on the ratification of the agreement on the investment grant for the "Second Yerevan Energy Efficiency Program" in the amount of EUR 10.1 million.

LATEST NEWS

spot_imgspot_imgspot_img