Banks’ corporate clients slash by 3,100 in one year, central bank

YEREVAN, June 16. /ARKA/. In 2015 Armenian banks lost 4.1 percent of their corporate clients. By the end of the year there were 76,400 of them, according to a local daily ‘Haykakan Zhamanak” (Armenian Time), which cited the official figures of the Central Bank of Armenia. Thus, the total number of the banks’ corporate clients  reduced by 3,100.

“Contrary to the authorities’ claims, these data indicate only one thing- local entrepreneurs are curtailing their businesses in Armenia en masse,” it says. -0-

spot_img

POPULAR

Become a Unibank shareholder and benefit from an attractive investment opportunity

Individuals and legal entities can acquire ordinary shares from Unibank’s new share issue until September 9, 2026, at a placement price of AMD 390 per share.

Jasmine Home: The Story of Young Sisters’ Business

Ten years ago, sisters Anna and Ani founded Jasmine Home, offering dozens of high-quality textile products—blankets, bedding sets, pillows, and many other items.

Polytechnic University Graduation Ceremony Held with the Support of Unibank

As one of the benefactors of the National Polytechnic University of Armenia (NPUA), Unibank supported the organization of the graduation ceremony for the University’s 93rd graduating class. 

Euro and dollar exchange rates against the Armenian dram rose, while the ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of July 10, 2026, increased by 0.26 points to 367.38 drams.

Armenia to Receive $284.4 Million from IBRD to Provide Housing for IDPs from Artsakh and Develop the Mortgage Market

On Thursday, the Armenian government approved the ratification of a financial agreement and the approval of a grant agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for $284.4 million.

LATEST NEWS

spot_imgspot_imgspot_img