Sun, 8 June
24.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Loan portfolio of branches of Armenian banks in Karabakh amounted to 78,028.6mln drams as of October 1

STEPANAKERT, October 11. /ARKA/. Aggregate loan portfolio of branches of Armenia’s commercial banks in Nagorno-Karabakh rose by 12.4% to 78,028.6 million drams as of October 1, 2013, as compared with the same period of the year before.

Against the month before loan portfolio has dropped 0.7%, according to the National Statistical Service of Nagorno-Karabakh.

The share of foreign currency loans is 56.5% in the overall loan portfolio. Overdue loans constitute 1.5%.

Bank deposits attracted by the branches from clients amounted to 50,732 million drams as of October 1, an increase of 5.2% against the same period of the year before and a reduction of 0.4% compared to the month before.

According to the report, 74.6% of deposits are time deposits, 17.2% are call deposits and 8.2% are purpose deposits. ($1=407.50drams).–0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

Armenia’s top 5 banks by asset size for Q3 2023

According to ARKA news agency's quarterly bulletin 'Banks of Armenia,' the top 5 commercial banks of Armenia by asset size as of 30.09.2023 were Ardshinbank, Ameriabank,  Armbusinessbank, Acba Bank and Inecobank

LATEST NEWS

spot_imgspot_imgspot_img