Idle assets of Armenia’s commercial banks total 4.42% in October

YEREVAN, December 17. /ARKA/. The share of idle and written off balances of banks assets of Armenia’s residents dropped 0.19 p.p. in October from September to 4.42%, the Central Bank said Monday.

The commerce accounted for the highest number of idle assets, nearly 0.99% (rise from September by 0.05 p.p.), consumer credits accounted for 0.71% (0.04 p.p. drop).

At the same time, processing industry accounted for 0.56% ( 0.37 p.p. down), construction – 0.48% (0.01 p.p. down), agriculture- 0.36% (0.12 p.p. up), mortgage- 0.35% (0.04 p.p. drop), catering – 0.28% (0.09 p.p. up), some other sectors- 0.27% (0.04 p.p. growth).

There are no idle assets in financial sphere.

The volume of the assets at Armenia’s commercial banks totaled 2345,7 billion drams as of 30 October 2012.

As of 30 October 2012 there are 21 commercial banks in Armenia. .($1 – 407.34 drams).—0–

spot_img

POPULAR

Euro ups against Armenian dram, while US dollar and Russian ruble drop

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 27, 2026, decreased by 0.27 points compared to April 23, to 371.56 drams.

Euro, USD and ruble drop  against Armenian dram

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 28, 2026, decreased by 0.16 points compared to April 27, to 371.4 drams.

The “New Partner” loan is gaining popularity among VTB (Armenia) clients

VTB (Armenia) is seeing steady growth in demand for its small business loan product with a simplified application process—no collateral required, no additional financial analysis required.

Euro slashes against  Armenian dram

As of April 23, 2026, the average exchange rate for the US dollar to the Armenian dram, established in the Armenian foreign exchange market, has fallen by 0.55 points from April 22, now standing at 371.83 drams.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 22, 2026, decreased by 0.21 points compared to April 21, to 372.38 drams.

LATEST NEWS

spot_imgspot_imgspot_img