Loan investments of Armenian banks surged 8% to AMD 1 660,8 bln in 2Q

YEREVAN, July 31./ARKA/. Loan investments of the Armenian commercial banks rose by 8% in June from earlier this year to 1 660,8 billion drams.

According to ARKA analysis, VTB Bank (Armenia) is leading in the amount of loan investments –194.3 billion drams ( plus 23.64%). It’s loan investments accounted for 11.7% of total loan investments. ACBA-CREDIT AGRICOLE BANK is second –172.5 billion drams (plus 8.29%); Ameriabank is next –167.3 billion drams (plus 7.39%); Ardshininvestbank –over 147.4 billion drams (plus 11.07%) and HSBC Bank Armenia –nearly 138.8 billion drams (plus 6.93%).

As of 30 June 2013 there were 21 commercial banks in Armenia. ($1 – 409.90 drams).—0-

spot_img

POPULAR

Armenian authorities expect capital market value to double to 1.3 trillion drams by 2031 – Pashinyan

The capital market in Armenia is projected to grow from 664 billion drams in 2025 to 1.3 trillion drams by 2031, as stated by Prime Minister Nikol Pashinyan while unveiling the election platform of the Civil Contract party.

ADB expects inflation in Armenia to accelerate to 3.8% in 2026, despite slower growth

The Asian Development Bank (ADB) expects inflation in Armenia to accelerate in 2026, despite slower growth.

Euro and US dollar drop against Armenian dram, while ruble rises

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 20, 2026, decreased by 0.49 points compared to April 18, to 372.85 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.

Armenian banks’ net profit in Q1 2026 increased by 2.3% to AMD 103.5 billion

The total net profit (after tax) of Armenian banks in Q1 2026 amounted to AMD 103.48 billion, compared to AMD 101.18 billion in Q1 2025, an increase of 2.27%. Moreover, compared to the previous quarter, Q4 2025, the increase was 5.84%.

LATEST NEWS

spot_imgspot_imgspot_img