Consumer lending in Armenia grows 2.2% to AMD 206.6 billion

Banks

YEREVAN, January 19. /ARKA/. Consumer lending in Armenia grew 2.2% over November to AMD 206.6 billion.

According to the information available on the central bank’s official website, consumer lending made up 17.8% of Armenian commercial bank’s aggregate credit investments in November – no changes, compared with October.

Loans extended in foreign currencies amounted to AMD 28.2 billion and dram loans AMD 178.4 billion in November.

Commercial banks’ credit investments totaled AMD 1116.9 billion, of which 61% were loans extended in foreign currencies. ($1- AMD 388.25). -0-

spot_img

POPULAR

Economy

Corporate tax collection in Armenia has increased to 265.8 billion drams; Pashinyan announced a 5.4-fold increase since 2017

As of April 20, 2026, corporate income tax collection in Armenia amounted to 265.8 billion drams, announced RA Prime Minister Nikol Pashinyan.
Economy

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (April 20-26) 

The week in Armenia's financial market was marked by the publication of financial indicators for the banking sector, updated macroeconomic indicators, and signals regarding capital market development.
Banks

Unibank will provide refunds to bona fide business clients

In light of the decision of the Central Bank of the Republic of Armenia dated April 2, 2026, to reduce risk coefficients for applications from micro, small, and medium-sized enterprises when calculating credit risk, Unibank is reviewing and improving its lending terms.
Banks

The “New Partner” loan is gaining popularity among VTB (Armenia) clients

VTB (Armenia) is seeing steady growth in demand for its small business loan product with a simplified application process—no collateral required, no additional financial analysis required.
Announces

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 22, 2026, decreased by 0.21 points compared to April 21, to 372.38 drams.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
Crediting organizations’ assets upped by 3.7% in late November to 113.8 billion drams
Next article
Average interest rates on long-term loans increased by 0.4% and 0.5% in 2011 December