Armenian credit organizations’ loan portfolio grows 20.8% to AMD 137.1 billion in late December 2013

YEREVAN, February 11. /ARKA/. Armenian credit organizations’ aggregate loan portfolio amounted to AMD 137.1 billion in late December 2013 after growing 20.8% since the same month a year before, the National Statistical Service reports.

The loans extended to residents totaled AMD 137.027 billion in late December 2013 – 20.8% year-on-year growth. Of this amount, AMD 87.087 billion has been lent in drams (24.4% growth) and over AMD 49.9 billion in foreign currencies (15% growth).

According to the statistical report, Armenian credit organizations lent AMD 103.3 billion to households in 2013 (28.3% growth) – about AMD 72.6 billion in drams (25.9% growth) and over AMD 30.7 billion in foreign currencies (34.3% growth). ($1 – AMD 411.49). -0—

spot_img

POPULAR

Assets of Armenian credit institutions increased by 11.87% to 882.4 billion drams in the first quarter of 2026

The total assets of Armenia's credit institutions as of March 31, 2026, amounted to 882.4 billion drams, an increase of 11.87% compared to March 31, 2025. This is evidenced by the consolidated financial report of the country's credit institutions.

EBRD invested €3 billion in Armenia through 245 projects – Falcetti

The European Bank for Reconstruction and Development (EBRD) is one of the leading institutional investors in Armenia, and to date has invested over €3 billion in Armenia through 245 projects, 85% of which are in the private sector.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (May 4-10)

The week in the Armenian financial market was influenced by decisions and statements by the Central Bank, updated macroeconomic data, and capital market activity.

EDB assessed the reasons for rising inflation in Armenia and maintenance of refinancing rate

Inflation in Armenia accelerated in April amid rising prices for food and non-food products, according to the Eurasian Development Bank's weekly macro review.

Union of Banks: SMEs account for approximately 37% of Armenia’s economy and receive 60% of business loans

Small and medium businesses account for approximately 37% of Armenia's economy and receive approximately 60% of business loans, stated Daniel Azatyan, Chairman of the Union of Banks of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img