Customer base of Armenian banks increased by 4.4% per annum by April  2018, with an 8% increase in bills, accounts are almost twice as  large as clients 

ArmInfo. The customer base of the Armenian banking system totaled 2 446 724  individuals and 80 182 legal entities as of April 1, 2018. According  to the Central Bank, provided by the National Statistical Service of  Armenia, a total of 2,526,906 customers had in the Armenian banks  4,703,539 accounts, of which 4,537,222 - physical accounts and 166  317 - accounts of legal entities.

According to the source, the customer base of the Armenian banks  added 4.4% or 105,725 customers on an annual basis. At the same time,  the number of accounts in banks in the annual section increased by  8%.

To note, four banks - ProCredit and BTA (in December 2015),  Areximbank-Gazprombank Group and the Armenian Development Bank (in  December 2016), came out of the Armenian banking market for 2015-  2016, having correspondingly merged with INECOBANK, Armeconombank,  Ardshinbank and Araratbank.  As a result, by 2017 there are 17 banks  in Armenia.