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

Exchange rates of the euro, ruble, and dollar against the Armenian dram have fallen – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, fell by 0.18 points to 363.34 drams on September 28, compared to September 25.

IMF mission discusses macroeconomic issues and reforms with Armenian authorities

Armenian Deputy Prime Minister Tigran Khachatryan met with a delegation from the International Monetary Fund (IMF) mission, led by the IMF mission chief for Armenia, Nathan Porter, the Armenian government's press service reported.

Unibank and Picsart Academy Host Kids Day for Children

Unibank and Picsart Academy organized a special Kids Day, combining education and entertainment in an environment where technology meets creativity and imagination.

Central Bank of Armenia and IMF Discuss Macroeconomic Situation and Financial System Reforms

A concluding meeting took place at the Central Bank of Armenia with an IMF delegation led by Mark Horton, the IMF mission chief for Armenia.

Armenian Government Approves 2027 State Budget Draft

At its meeting on Thursday, the Armenian government approved the draft law "On the State Budget of the Republic of Armenia for 2027," which will be submitted to the National Assembly in accordance with established procedure.

LATEST NEWS

spot_imgspot_imgspot_img