Wednesday, December 9 2020 13:02
Alina Hovhannisyan

The client base of Armenian banks increased by 9.3%, with an increase  in accounts by 20.6%

The client base of Armenian banks increased by 9.3%, with an increase  in accounts by 20.6%

ArmInfo.The client base of banks in Armenia totaled 3,107,946 individuals and 105,125 legal entities by October 2020.

According to the Central Bank's data published in the report of the  RA Statistical Committee, a total of 3,213,071 clients had 6,264,924  accounts in Armenian banks, of which 6,033,095 were accounts of  individuals and 231,829 were accounts of legal entities.  According  to the source, on an annualized basis, the client base of Armenian  banks increased by 9.3% (against 9.7% a year earlier) or by 273,168  clients. Customer accounts for the reporting period increased by  20.6% per annum (against 14.2% growth a year earlier).