NUMBER OF PEOPLE SERVED IN ARMENIA’S BANKING SYSTEM INCREASES BY 13.5THS IN AUGUST

ARKA News Agency, Armenia
Nov 2 2007

YEREVAN, November 2. /ARKA/. The number of people served in Armenia’s
banking system increased by 13.5ths in August and totaled 851.5ths,
runs the information of the Armenian National Statistical Service
provided to ARKA.

At the end of July the number of legal entities totaled 42.3ths,
and individuals – 809.5ths.

As of August 31, the number of accounts recorded in commercial banks
totaled 980ths, 916.1ths of which are accounts of individuals. The
united accounts of "VTB Bank (Armenia)" (previous Armsavingsbank)
include 3 469 462 clients.

As of September 31, 2007, the remnant of deposits attracted from
population by banks totaled AMD 160.6mln, thus increasing by AMD
6.7bln or 4.3%, and as compared to the same period in 2006 – by AMD
53.2bln or 49.6%. ($1 – AMD 325.09).