Loan portfolio of Armenia’s banks in Karabakh stood at 76,334.3mln drams as of December 1

STEPANAKERT, December 12 . /ARKA/. Total loan portfolio of Armenia’s commercial banks in Nagorno-Karabakh Republic (NKR) rose by 1.9% to 76,334.3 million drams as of December 1, as compared to the same period of 2012.

Yet, it was 0.8% reduction compared to the month before, NKR’s statistical service says.

Foreign currency loans constitute 55.1% of the overall portfolio, whereas overdue loans are 1.1%.

As of December 1 2013, deposits in NKR branches of Armenia’s banks amounted to a total of 58,541.2 million drams, an increase of 20.2% compared to the same period of the year before, and a 0.8% increase against the month before.

Time deposits are 73%, call deposits 19.7% and target deposits 7.3%, according to the report.–0–

spot_img

POPULAR

Ranking of the most profitable credit institutions in Armenia for the first quarter of 2026

YEREVAN, May 13. /ARKA/. ARKA news agency publishes a...

IDBank supports the Opening Event of Wizz Air’s “Let’s Get Lost” Campaign

Participants of the latest edition of Wizz Air’s “Let’s Get Lost” campaign — travelers who boarded a flight without knowing their final destination — have arrived in Yerevan, Armenia.

New GAMES section launched on Novosti-Armenia website

A new digital section, GAMES, has been launched on the Novosti-Armenia website.

Armenian Audit Firm Revenue Increased by 18% to AMD 16.2 Billion in 2025

At the end of 2025, the total revenue of audit firms (a combination of audit and other services) in Armenia amounted to approximately AMD 16.2 billion, representing an increase of approximately 18% compared to the previous year.

Armenia Central Bank Governor: Open Banking Will Strengthen Clients’ Position with Financial Institutions

The implementation of the Open Banking model in Armenia is aimed at expanding consumer options in their dealings with financial institutions, Martin Galstyan, Chairman of the Central Bank of Armenia, told reporters on the sidelines of the "SME Sector: Impact and Development Challenges" conference.

LATEST NEWS

spot_imgspot_imgspot_img