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

“Golden Crown” has restricted money transfers from Russia to Armenia and several other countries

The "Golden Crown" payment system has restricted money transfers from Russia to Armenia, Georgia, Kazakhstan, and several other countries following the imposition of new EU sanctions, Russian media report.

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.

Armenian banks’ loan portfolio exceeded AMD 8.56 trillion in the second quarter, representing a 23.56% year-on-year increase

The total loan portfolio of Armenian banks as of June 30, 2026, exceeded AMD 8.56 trillion, representing a 23.56% increase compared to June 30, 2025, and a 6.8% increase compared to March 31, 2026.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.18 points on July 28, 2026, compared to July 27, to 366.54 drams.

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

The average market exchange rate for the US dollar against the Armenian dram on July 24, 2026, fell by 0.08 points compared to July 23, to 365.87 drams.

LATEST NEWS

spot_imgspot_imgspot_img