Saturday, July 10 2021 10:44
Alina Hovhannisyan

The client base of Armenian banks increased by 7.4% by May 2021

The client base of Armenian banks increased by 7.4% by May 2021

ArmInfo.The client base of banks in Armenia totaled 3.212.853 individuals and 107.351 legal entities by May 2021. This is evidenced by the data of the Central  Bank published in the report of the RA Statistical Committee.

In total, 3.320.204 clients had 6 452 748 accounts in Armenian banks,  of which 6 .216 .280 were accounts of individuals and 236 468 were  accounts of legal entities.

According to the source, on a y-o-y terms, the client base of  Armenian banks increased by 7.4% or by 229,405 clients (against 8.7%  growth a year earlier). Customer accounts for the reporting period  increased by 6.1% per annum (against 10.6% growth a year earlier).