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

4.5% Inflation Recorded in Armenia in March

Twelve-month inflation in the Armenian consumer market in March of this year was 4.5%, according to a report from the Statistical Committee of Armenia.

The average exchange rate of the Armenian dram to US dollar in March was 3.9% lower than a year ago

In March 2026, the average exchange rate of the Armenian dram to the US dollar was 377.4 drams, compared to 392.8 drams in March 2025, according to data from the Statistical Committee.

External shocks are having little impact on Armenia so far, but investor caution will grow – INTERVIEW

Amid the S&P 500's worst quarter since 2022, rising global anxiety, and persistent geopolitical uncertainty, investors are increasingly asking whether this is a temporary market reaction or a deeper shift in investment logic.

Armenia to Receive $200 Million from the World Bank to Develop a Sustainable and Competitive Economy

Armenia will receive $200 million (€170.3 million) from the World Bank to support its transition to a more competitive, globally integrated economy with responsible emissions management.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (March 30 – April 5)

From March 30 to April 5, the Armenian financial market focused on exchange rate dynamics, the publication of March inflation data, the meeting of the Central Bank's management with the IMF mission, discussions of the reverse mortgage mechanism, the agreement between the CDA and UzCSD, and issues of disclosure by issuers in the capital market.

LATEST NEWS

spot_imgspot_imgspot_img