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

Unibank provided cashback to more than 2 000 reliable SME borrowers

In the first quarter of 2026, Unibank’s SME loan portfolio increased by 28% compared to the same period last year.

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.

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.

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.

Armenian Audit Firm Revenue Increased by 18% to AMD 16.2 Billion in 2025

At the end of 2025, the total revenue of audit firms (a combination of audit and other services) in Armenia amounted to approximately AMD 16.2 billion, representing an increase of approximately 18% compared to the previous year.

LATEST NEWS

spot_imgspot_imgspot_img