Armenian credit organizations’ loan portfolio grows 2.8% to AMD 126.8 billion

YEREVAN, November 22. /ARKA/. Armenian credit organizations’ aggregate outstanding loan portfolio, including leasing transactions, amounted to AMD 126.8 billion in late September after they have grown 2.8% or by AMD 29.1 billion since late June.

ARKA News Agency’s analysis shows that Norvik was the largest lender among Armenian credit organizations – its credit investments amounted to AMD 17.5 billion by late September and made up 13.78% of Armenian credit organizations’ aggregate loan portfolio by the end of the third quarter after they have grown 3.6% since the end of the previous quarter.

Five companies accounted for the largest amounts of credit investments and leasing transactions – National Mortgage Company – AMD 17.1 billion (7% growth and 13.52% share in credit companies’ aggregate portfolio),  Finca – AMD 15.2 billion (4.9% decline and 11.96% share), Aregak – about AMD 10.8 billion (3.3% decline and 8.5% share) and AGBA Leasing – AMD 7.6 billion (13.9% growth and 6.03% share).

Thirty two credit organizations functioned in Armenia in late September 2012. ($1 – AMD 406.82). -0—

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (August 17–23)

Key developments in Armenia's financial market this week included new banking compliance requirements, measures against account fraud, and decisions related to capital market development.

Armenian dram weakened against the dollar and strengthened against the euro and ruble: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of August 24, 2026, increased by 0.22 points to 365.38 drams compared to August 21.

Armenian banks will provide citizens with account statements free of charge

Individuals in Armenia will be able to receive free electronic statements from commercial banks about their bank accounts, their balances, and the presence or absence of mutual obligations with the bank.

Armenian banks’ investments in securities in the second quarter amounted to 1.92 trillion drams

The total volume of investments by Armenian commercial banks in securities as of the end of June 2026 amounted to 1,922,826,829 thousand drams.

Armenian dram strengthened against the dollar and the ruble, but weakened against the euro: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of August 28, 2026, fell by 0.15 points to 364.32 drams compared to August 27.

LATEST NEWS

spot_imgspot_imgspot_img