Fri, 29 August
24.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Share of delinquent loans lent to individual customers stood at 32.13 percent at the end of quarter 4, 2012

YEREVAN, February 15. / ARKA /. The share of delinquent loans lent to individual customers stood at 32.13 percent of the overall outstanding loan portfolio of Armenian banks at the end of quarter 4, 2012, according to the findings of a study, made by ARKA news agency based on interim financial statements of the banks for the fourth quarter.

The overall outstanding loan portfolio of Armenia-based banks stood at 1.533.6 trillion drams, of which more than 492.7 billion were retail lending. At the end of the third quarter these figures stood at 1.473.4 trillion and 460.5 billion drams respectively.

The ARKA study reveals that the leading bank in terms of retail lending last year was ACBA-CREDIT AGRICOLE BANK, which accounted for 16.2 percent of the total lending to individual customers. Some 50.1% of its lending or 79.9 billion drams were issued as loans to individuals.

It was followed by VTB Bank (Armenia) (more than 64.8 billion drams), Ardshininvestbank (over 44.9 billion drams), Conversebank (35.2 billion drams), Armbusinessbank (about 34. 2 billion drams) and Unibank (about 34.1 billion drams). The share of their retail lending in the total loan portfolio was 38.4%, 34.3%, 55.5%, 27.5% and 35.15 % respectively. ($ 1 – 406.55 drams). – 0 –

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Euro exchange rate against dram down as USD and ruble up

As of August 21, 2025, the average market exchange rate of the US dollar to the Armenian Dram has decreased by 0.07 points from August 20, resulting in a value of 382.7 drams.

 Law on Cryptoassets enters into force in Armenia

The Law on Cryptoassets entered into force on July 4, 2025, the press service of the Central Bank of Armenia reports.

Changes made to compulsory motor liability insurance in Armenia

The Armenian Bureau of Motor Insurers has launched a new feature, as reported by the Central Bank of Armenia.

ODDO BHF financial group exploring potential collaboration with Armenian public sector and private enterprises

On Thursday, Armenian Economy Minister Gevorg Papoyan welcomed a delegation from the ODDO BHF financial group, as reported by the press service of the Ministry of Economy.

LATEST NEWS

spot_imgspot_imgspot_img