Tue, 22 April
14.1 C
Yerevan
USD: 390.51 RUB: 4.81 EUR: 449.98 GEL: 142.19 GBP: 522.85
spot_img

Armenian commercial banks’ loan portfolio grows 12% to AMD 1 840.9 billion in April 2014

YEREVAN, June 5. /ARKA/. Armenian commercial banks’ aggregate loan portfolio amounted to AMD 1 840.9 billion in April 2014 after growing 12%, compared with the same month a year before, the National Statistical Service of Armenia reports.

Loans extended in foreign currencies totaled AMD 1 058.8 billion and those extended in drams totaled AMD 653 billion (13.5% year-on-year growth).

Overdue loans totaled AMD 27.7 billion (62.3%) and made up 1.5% of the aggregate loan portfolio. Overdue short-term loans amounted to AMD 24.7 billion.

Banks’ prolonged loans exceeded AMD 101.3 billion (71.6% growth). Short-term loans here amounted to AMD 58.9 billion. ($1- AMD 413.71). -0–

spot_img

POPULAR

Armenia ratifies agreement with IBRD on health coverage program worth 102 million euros

Armenia's National Assembly has ratified today a 102 million euro loan agreement with the International Bank for Reconstruction and Development (IBRD, a WB division) on universal health coverage program.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Law on regulating crypto-assets in Armenia aims at balancing risks – Central Bank

The National Assembly of Armenia has initiated discussions on a draft law concerning Crypto-Assets, along with amendments to several related regulations.

Euro and US dollar exchange rates slightly down against dram

The average market exchange rate of the US dollar to the Armenian dram on April 17, 2025, fell by 0.33 points compared to April 16 and amounted to AMD 390.94.

Acba Leasing invests AMD 220 bln in 5 years in development of Armenian economy (video)

Acba Leasing proudly stands as the leading force in Armenia's leasing market and is excited to announce its role as the Main Partner for Leasing Expo 2025. During this exhibition, Acba Leasing will showcase outstanding offers from the leasing market.

LATEST NEWS

spot_imgspot_imgspot_img