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

Market capitalization exceeded 356 billion drams in August – Armenia Securities Exchange

Equity market capitalization in August 2026 exceeded 356.2 billion drams, the press service of the Armenia Securities Exchange (AMX) reported.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (August 31 – September 6)

Armenia's financial agenda this week focused on capital market development, macroeconomic indicators, and attracting international financing for government programs.

IMF noted the low level of insurance coverage for natural disaster risks in Armenia

Insurance penetration in Armenia remains low, particularly in agriculture and property insurance, according to the International Monetary Fund's report "Armenia: Climate Policy Diagnostic - July 2026," published on September 3, 2026.

IMF identifies barriers to attracting private investment in climate projects in Armenia – report

Significant gaps in climate risk management, ESG competencies, information disclosure, and climate data continue to limit private sector investment in Armenia, according to the International Monetary Fund's "Armenia: Climate Policy Diagnostic - July 2026" report, published on September 3, 2026.

Cube Invest announces the placement of AMD bonds worth 5 billion drams

By Decision No. 1/288 A of the Chairman of the Central Bank of the Republic of Armenia dated July 1, 2026, the program prospectus for Cube Invest CJSC's registered coupon bonds was registered.

LATEST NEWS

spot_imgspot_imgspot_img