Fri, 16 January
-6.9 C
Yerevan
USD: 379.42 RUB: 4.83 EUR: 441.46 GEL: 140.79 GBP: 509.18

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

Ministry of Finance has identified cases in which the 2% cashback will not be awarded for payments made with ArCa cards

The Armenian Ministry of Finance has clarified which non-cash transactions made with ArCa payment system cards will not be eligible for cashback.

Market capitalization increased by 6.29% in December to approximately 467 billion drams – Armenia Stock Exchange

 Armenia Stock Exchange (AMX) has summarized the trading activity for December 2025. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

Armenia approves amendments to agreement on automatic exchange of financial account information

During a meeting on Thursday, the Armenian government gave its approval to a draft law that ratifies the amendment to the Multilateral Agreement of Competent Authorities regarding the "Automatic Exchange of Financial Account Information," which was signed on October 14, 2014.

Euro and U.S. dollar decline against Armenian dram

The average market exchange rate for the US dollar to the Armenian dram on the Armenian foreign exchange market as of January 9, 2026, fell by 0.18 points compared to January 8, to 381.21 drams.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

LATEST NEWS

spot_imgspot_imgspot_img