Tue, 4 November
4.1 C
Yerevan
USD: 382.55 RUB: 4.73 EUR: 440.47 GEL: 141.19 GBP: 502.25

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img