Fri, 13 June
22.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Loan portfolio of Armenian banks’ branches in Karabakh totaled 82,832.9 mln drams as of January 14, 2014

STEPANAKERT, January 14. /ARKA/. Total loan portfolio of branch offices of Armenia’s commercial banks in Nagorno-Karabakh Republic (NKR) amounted to 82,832.9 million drams as of January 1 2014, an increase of 4.3% compared to the same period of 2013.

Increase against December 2013 was 8.5%, NKR’s statistical service reported.

Loans in foreign currency accounted for 54.9% of the overall lending, and overdue loans were 0.9%.
As of January 1, deposits in affiliate offices of Armenia’s commercial banks in NKR amounted to a total of 55,901.2 million drams, an increase of 13.4% compared to the same period of 2013 and a 4.5% increase against the month before.

According to the report, 73.8% of deposits are term deposits, 18.5% is call deposits and 7.7% is target deposits. –0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

In 2025, income tax refund will not exceed 100 billion drams – SRC head

In 2025, the income tax refund will amount to 100 billion drams - approximately 95 billion drams, said Chairman of the State Revenue Committee of Armenia Eduard Hakobyan.

Investment opportunities in Armenia discussed by Finance Minister and new ADB President

YEREVAN, May 12. /ARКА/. Finance Minister Vahe Hovhannisyan discussed investment opportunities in Armenia and the region, as well as reforms aimed at stimulating economic growth, with newly appointed Asian Development Bank (ADB) President Masato Kanda.

LATEST NEWS

spot_imgspot_imgspot_img