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

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (July 13–19)

YEREVAN, July 20. /ARKA/. Key events of the past...

Acba Bank to Support Armenian Exports

To support the development of local producers, promote Armenian exports to various countries worldwide, and enhance the competitiveness of Armenian businesses, Acba Bank is offering the best export factoring terms currently available in Armenia until September 30.

Dollar and euro exchange rates against the Armenian dram fell again: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 20, 2026, fell by 0.92 points compared to July 17, reaching 365.93 drams.

Ranking of the Most Profitable Armenian Banks for the First Quarter of 2026

ARKA News Agency has published a ranking of the most profitable Armenian banks for the first half of 2026.

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market as of July 15, 2026, rose by 0.51 points compared to July 14, reaching 367.25 drams.

LATEST NEWS

spot_imgspot_imgspot_img