Credit investments and receivables of Armenian banks increased by 6.8% in the 3rd quarter

YEREVAN, October 28. /ARKA/. Volume of credit investments and receivables of Armenian banking system was 969.5 billion drams as of September 30 increased in the 3rd quarter compared with the last quarter – 61.3 billion drams or by 6.8%.

Standard credits and receivables in total bank portfolio was 930.7 billion drams or 96% at the end of September. The volume of standard credits and receivables increased by 61.5 billion drams or by 7.1%.

Volume of controlled receivables and credits was 19.3 billion drams versus 18.7 billion drams as of September 30 and non-standard credits were 14.2 billion drams versus 14 billion drams.

Volume of doubtful receivables of banking system was 5.3 billion drams versus 6.4 billion drams at the beginning of the quarter.

There are 21 banks and 400 branches as of September 30, 2010 in Armenia. ($1 – 358.62 drams). –О-

spot_img

POPULAR

Acba Bank and Bank of New York Mellon launch partnership

Armenian Acba Bank is expanding its international partner network by partnering with one of the world's most respected financial institutions, The Bank of New York Mellon, the bank's press service reported.

In February, Armenia’s net inflow of non-commercial money transfers grew moderately after a jump in January – WB

In February, net non-commercial money transfers to Armenia grew by 5.2 percent (yoy), following a 44 percent (yoy) surge in January, according to World Bank's Armenia Monthly Economic Update – April 2026 .

Armenian commercial banks paid 28.65 billion drams in various taxes in Q1

All 17 Armenia-based commercial banks are included in the list of the 1,000 largest taxpayers in the first quarter of 2026, having paid a total of 28.65 billion drams to the state budget, according to data released today by the State Revenue Committee.

Armenian banks’ loan portfolio in Q1 amounted to AMD 8.01 trillion, an increase of over 22%

As of March 31, 2026, the total loan portfolio of Armenian banks stood at AMD 8.01 trillion, marking a 22.63% rise compared to March 31, 2025, and a 4.05% increase from December 31, 2025.

Armenian banks’ net profit in Q1 2026 increased by 2.3% to AMD 103.5 billion

The total net profit (after tax) of Armenian banks in Q1 2026 amounted to AMD 103.48 billion, compared to AMD 101.18 billion in Q1 2025, an increase of 2.27%. Moreover, compared to the previous quarter, Q4 2025, the increase was 5.84%.

LATEST NEWS

spot_imgspot_imgspot_img