Mon, 6 October
9.1 C
Yerevan
USD: 382.76 RUB: 4.67 EUR: 449.25 GEL: 140.62 GBP: 514.85

Armenian banks’ lending to resident customers grows by 2.9% in February to 937.7 billion drams

YEREVAN, April 8. / ARKA /. Armenian banks’ lending to resident customers in 2011 February rose by 2.9% from the previous month to  total of 937.7 billion Drams, while lending to non-residents rose by 17.1% to 58.5 billion Drams, the Central Bank of Armenia said in its report on money and credit indicators.

The report says the volume of loans extended to residents in Armenia’s national currency, the Dram, grew in February by 1.7% from January to  total of 400.3 billion Drams. The volume of loans in foreign currency grew by 3.9% to 537.4 billion Drams.

The volume of loans provided to non-residents in Drams grew by 12.2% to 10.7 billion Drams and the volume of loans in foreign currency (denominated in Drams)  increased by 18.2%  to 47.8 billion Drams. ($1 – 371.29 Drams).  -0-

spot_img

POPULAR

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img