Armenian banks’ liabilities to clients rose to 1,456.6 bln drams in Q3

YEREVAN, October 22. /ARKA/. Liabilities of Armenia’s banks to customers in rose by 16.83% to 1,456.6 billion drams as of the end of September against the beginning of the year.

An analysis by ARKA showed Ameriabank was the leader in liabilities with its 166.7 billion drams in Q3 (32% increase against the beginning of the year).

Ardshininvestbank is the second with 149.5bln (increase of 30.65%), followed by HSBC Bank Armenia with 144.5bln drams (6.37% increase), Bank VTB (Armenia) with 138.4bln drams (30.81% increase) and Unibank with 130.2bln drams (15.74% increase).

Assets of Armenian banks amounted to about 2,719.6 billion drams in the period, an cinrease of 13.54% from the beginning of the year. Liabilities were 2,274.6bln drams (14.21% increase), total capital – 444.9bln drams (10.21% increase). ($1=406.11drams).  –0—

spot_img

POPULAR

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.

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.

Armenia’s $5.9 billion reserves cover more than four months of imports: former Finance Minister calls this a hedge against external shocks

Armenia's $5.9 billion international reserves cover more than four months of imports and currently provide a fairly reliable hedge against external shocks.

Euro and ruble rose, while the dollar fell: Central Bank

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.43 points on July 31, 2026, compared to July 30, to 366.2 drams.

Euro rose against the Armenian dram, while the dollar and ruble continued to decline: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.34 points on July 29, 2026, compared to July 28, to 366.2 drams.

LATEST NEWS

spot_imgspot_imgspot_img