Volumes of consumer crediting by the banks of Armenia increased in august by 2.4% to 191.2 billion drams

YEREVAN. September 28. /ARKA/. Volumes of crediting of consumers by the banks of Armenia increased in August by 2.4% to 191.2 billion drams, states the official site of the Central Bank of Armenia.

According to the report, the share of consumer crediting in the total volume of credit investments of commercial banks of Armenia in August was 17.8% which remained unchanged compared to the indicator in July 2011.

Credits in foreign currency in the total volume of consumer credits were about 24.6 billion drams, and dram credits – 166.7 billion drams.

Total volume of credit investments of commercial banks of Armenia in August were 1 075.1 billion drams, of which 60.2% were foreign currency credits. ($1-370.75 drams). -0-

spot_img

POPULAR

Ranking of the Most Profitable Armenian Banks for the First Quarter of 2026

ARKA News Agency has published a ranking of the most profitable Armenian banks for the first half of 2026.

Yerevan’s budget revenues for January-June exceeded the target by 10.3%

As of June 30, 2026, Yerevan's budget revenues amounted to 49.2 billion drams, compared to the planned 44.6 billion drams for January-June, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

”Araks” poultry farm produces 10 tons of poultry meat and 400 thousand eggs daily, its partner is Acba Leasing

For about 30 years, the Araks poultry farm has been providing the Armenian market with fresh poultry meat and eggs every day.

Armenian banks increased net profit to 219.7 billion drams in the first half of the year

The combined net profit (after tax) of Armenian banks in the first half of 2026 amounted to 219.72 billion drams, compared to 200.7 billion drams in the same period of 2025, an increase of 9.48%.

Dollar and euro exchange rates against the Armenian dram fell again: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 20, 2026, fell by 0.92 points compared to July 17, reaching 365.93 drams.

LATEST NEWS

spot_imgspot_imgspot_img