Tue, 14 October
5.1 C
Yerevan
USD: 382.57 RUB: 4.73 EUR: 443.25 GEL: 141.20 GBP: 510.46

Overdue loans of Armenian commercial banks in April rose 31.2% to 17 billion drams

YEREVAN, June 3./ARKA/. Overdue loans of Armenian commercial banks surged by 31.2% in April compared to March, to 17 billion drams or 1.04% of the total loans, according to the latest numbers released today by the National Statistical Service.

About 98.3% or 16.8 billion drams were short-term overdue loans. The extended loans amounted to 59 billion drams, having increased by 1.16%, of which 51 billion drams were short-term.

According to statistical data, the outstanding credit investments of all banks in late April of this year amounted to over 1. 567.8 trillion drams, an increase of 0.34% from March. Of that amount about 992.2 million drams were loans in foreign currency.

As of April 2013, the aggregate loans of the Armenian banks valued at 1. 643.9 trillion drams. ($ 1 – 417.19 drams).—0-

spot_img

POPULAR

Armenia’s total public debt exceeded $14.1 billion as of August 2025

Armenia's total public debt as of August 31, 2025, amounted to $14,130.342 million, an increase of $31.781 million compared to July 31, 2025.

Euro, US dollar, and ruble exchange rates against Armenian dram increased slightly

The average market exchange rate for the US dollar against the Armenian dram on October 7, 2025, increased by 0.05 points compared to October 6, reaching 382.63 drams.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

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.

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

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

LATEST NEWS

spot_imgspot_imgspot_img