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

Trend of declining public debt-to-GDP ratio in Armenia will continue – Ministry of Finance

Armenia intends to continue reducing its public debt-to-GDP ratio, stated Deputy Finance Minister Avag Avanesyan.

Central Bank: Starting July 1, consumers in Armenia will be able to block online financial transactions with a single tap

Starting July 1, 2026, consumers in Armenia will be able to block online financial transactions with a single tap, via mobile banking or a financial institution's website, the Central Bank of Armenia press service reported.

EBRD stands ready to support Armenia in implementing reforms and programs

YEREVAN, March 10. /ARKA/. The European Bank for Reconstruction...

EDB and Armenian Ministry of Finance signed an agreement on provision of technical assistance

An agreement between the Armenian Ministry of Finance and the Eurasian Development Bank (EDB) on the "Provision of Technical Assistance" was signed in Yerevan during a meeting between Minister of Finance Vahe Hovhannisyan and Chairman of the EDB Board of Directors Nikolay Podguzov.

Euro and dollar exchange rates against the Armenian dram rose, while the ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of March 10, 2026, increased by 0.12 points compared to March 9, reaching 377.41 drams.

LATEST NEWS

spot_imgspot_imgspot_img