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

US dollar, euro, and ruble drop against Armenian dram

YEREVAN, August 18. /ARKA/. The average market exchange rate for the US dollar against the Armenian dram on the Armenian foreign exchange market as of August 18, 2026, fell by 0.25 points to 365.25 drams compared to August 17.

Armenia set to enhance development of its capital market, targeting large issuers and new investors

YEREVAN, August 20. /ARKA/. The Armenian government prioritizes diversifying funding sources and advancing the capital market to foster sustainable and productive economic growth.

US dollar and ruble drop against Armenian dram      

YEREVAN, August 17. /ARKA/. The average market exchange rate for the US dollar against the Armenian dram on the Armenian foreign exchange market, fell by 0.32 points on August 17, 2026, compared to August 14, to 365.82 drams.

New requirements for banks to manage risks of circumventing international sanctions come into effect in Armenia

YEREVAN, August 17. /ARКА/. As of August 12, 2026, new regulations for banks regarding the management of risks associated with evading international sanctions have been implemented in Armenia.

“Solis” CJSC’s bonds listed on Armenia Stock Exchange

YEREVAN, August 18. /ARKA/. The range of companies listed on the Armenia Stock Exchange (AMX) continues to expand, contributing to the development of the capital market and creating new opportunities for businesses.

LATEST NEWS

spot_imgspot_imgspot_img