Consumer loans rise in July by 1.6 percent to 264.6 billion drams

YEREVAN, September 28. / ARKA /. The total amount of outstanding consumer loans in July increased by 1.6% to 264.6 billion drams, the Central Bank of Armenia said in a statement posted on its official website.

It says the share of consumer loans in the total credit portfolio of commercial banks in July rose to  18.8%, up 0.4 percentage points compared with the same period of the previous month. Foreign currency loans in the total amount of consumer loans amounted to about 44.5 billion drams, while loans in the national currency, the dram, to more than 220.1 billion drams.

The total amount of outstanding loan portfolio of all banks in late July stood at 1. 410.4 trillion drams, of which 64.3% were foreign currency loans. ($ 1-405,39 drams).  -0-

spot_img

POPULAR

Armenia’s capital market still lags behind the economy’s real potential: Cube Invest’s CEO

The depth of Armenia's capital market still lags behind the country's real economic potential, said Mikael Margaryan, CEO of the investment company Cube Invest.

Armenia’s public debt in the first half of the year amounted to 5.1 trillion drams, down 3.5% – Finance Ministry

Armenia's public debt as of June 30, 2026, amounted to 5.12 trillion drams, compared to 5.30 trillion drams as of December 31, 2025, announced RA Finance Minister Vahe Hovhannisyan.

EBRD’s AMD-denominated bonds listed on AMX; Converse Bank acted as underwriter

The AMD-denominated bonds issued by the European Bank for Reconstruction and Development (EBRD) have been listed on the Armenia Securities Exchange (AMX).

Become a Unibank shareholder and acquire perpetual bonds with a 13.25% yield

Unibank is successfully placing newly issued shares worth AMD 3.9 billion as part of Armenia’s first hybrid investment offering.

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

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, increased by 0.31 points on September 10, 2026, compared to September 9, to 363.89 drams.

LATEST NEWS

spot_imgspot_imgspot_img