Sat, 29 November
-3.9 C
Yerevan
USD: 381.43 RUB: 4.86 EUR: 440.89 GEL: 141.17 GBP: 503.72

Loan portfolio of Armenia’s banks in Karabakh fell to 75,840.6mln drams as of April 1

STEPANAKERT, April 18. /ARKA/. Total loan portfolio of Armenia’s commercial banks in Nagorno-Karabakh fell by 3.1% to 75,840.6 million as of April 1, 2014, compared to the same period of the year before, ArmStat reported. It has been a reduction of 2.8% compared to the month before.

Forex loans accounted for 53.5% of the loan portfolio; the share of overdue loans was 1.2%.

Bank deposits amounted to 56,637.1 million drams as of April 1, 2014, an increase of 10.9% against the same period of 2013 and of 2.8% compared to the month before.

Time deposits account for 74.5%, call deposits for 17.7% and target deposits for 7.8%, according to the report.  –0—

spot_img

POPULAR

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img