Mon, 29 September
12.1 C
Yerevan
USD: 382.71 RUB: 4.59 EUR: 446.43 GEL: 141.38 GBP: 510.80

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

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

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.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img