Interbank loans in Armenia downed 13.7% to over AMD 44.2 bln late April

YEREVAN, June 21./ARKA/. Interbank loans in Armenia totaled in over 44.2 billion drams as of late April, which was 13.7% lower from March, the Central Bank said in its newsletter.

AMD interbank loans rose by 30% to nearly 8.5 billion drams. Interbank loans in foreign currency slashed by 8.3% to over 35.7 billion drams.

Lending to credit organizations climbed by 16.5% in April to 10.4 billion drams.

Loan investments in credit organizations surged by 28.7% in April from March to about 3.6 billion drams. Loans in foreign currency upped by 10.9% to over 6.8 billion drams as of late April.

As of 30 April 2013, there are 21 commercial banks in Armenia. ($1 – 410.41 drams). —0-

spot_img

POPULAR

Armenian banks’ loan portfolio exceeded AMD 8.56 trillion in the second quarter, representing a 23.56% year-on-year increase

The total loan portfolio of Armenian banks as of June 30, 2026, exceeded AMD 8.56 trillion, representing a 23.56% increase compared to June 30, 2025, and a 6.8% increase compared to March 31, 2026.

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

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.18 points on July 28, 2026, compared to July 27, to 366.54 drams.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 20–26)

Armenia's financial agenda last week was determined by the banking sector's first-half results, changes in the money transfer sector, and exchange rate dynamics.

World Bank does not see significant risks in Armenia’s public debt rising to 50% of GDP

Armenia's public debt could increase to approximately 50% of GDP by the end of 2026, but the World Bank does not view this level as a significant threat to the country's macroeconomic stability, said Armine Manukyan, Senior Economist at the World Bank.

Moody’s Affirms Armenia’s Rating at Ba3 and Improves Outlook to Positive

The international rating agency Moody's Ratings has revised the outlook on Armenia's sovereign rating from stable to positive, affirming its long-term issuer ratings in both local and foreign currencies at Ba3.

LATEST NEWS

spot_imgspot_imgspot_img