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

EDB forecasts inflation in Armenia at 4.4% by the end of 2026

Inflation in Armenia will reach 4.4% year-on-year by the end of 2026, according to the Eurasian Development Bank (EDB).

Euro, dollar, and ruble exchange rates against the Armenian dram continued to decline: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.06 points on September 8, 2026, compared to September 7, to 363.64 drams.

Why Armenia’s capital market remains bank-driven: 5 insights from Landmark Capital’s CEO 

Gor Gevorgyan assesses Armenia's economy as growing, the country has significant private capital, and the infrastructure and legislative framework for market development as sufficient.

Market capitalization exceeded 356 billion drams in August – Armenia Securities Exchange

Equity market capitalization in August 2026 exceeded 356.2 billion drams, the press service of the Armenia Securities Exchange (AMX) reported.

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.

LATEST NEWS

spot_imgspot_imgspot_img