Sat, 18 October
10.1 C
Yerevan
USD: 382.59 RUB: 4.71 EUR: 447.25 GEL: 141.36 GBP: 513.89

Liabilities of Armenia’s credit organizations down 1.5% to AMD 98.2 bln in 3 Q

YEREVAN, November 13. /ARKA/. The total liabilities of Armenia’s credit organizations slashed 1.5% to nearly 98.2 billion drams in the third quarter 2012, according to the Central Bank report.
Liabilities to banks and other financial organizations slumped 1.1% to 57.4 billion drams within the reported period.

Time liabilities of individuals increased 6.6% to 6.8 billion drams, and of legal entities, including liabilities to the government, rose 0.1% to 26.9 billion drams. At the same time, demand liabilities totaled 666.7 million drams in 3Q versus 707.7 million in 2 Q (5.8% drop).

Other liabilities of the credit organizations tumbled 29.4% to 4.3 billion drams. The value of the accrued interest rose 33.5% to nearly 2.1 billion drams.

As of 30 September 2012 there are 32 credit organizations and 90 branches in Armenia. ($1 – 409.47 drams). —0-

spot_img

POPULAR

Euro continues to decline against Armenian dram, while US dollar and ruble rise

The average market exchange rate for the US dollar to the Armenian dram on October 10, 2025, rose by 0.13 points compared to October 9, reaching 382.68 drams.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img