Armenian credit organizations’ aggregate loan portfolio grows 16.8% to AMD 148.6 billion by late May 2014

YEREVAN, July 9. /ARKA/. Loans extended by Armenia’s credit organizations totaled AMD 148.6 billion in late May 2014 showing 16.8% year-on-year growth, the National Statistical Service reports.

Lending to residents amounted to AMD 148.45 in late May 2014 – 16.9% year-on-year growth. Loans in drams here amounted to AMD 93.7 billion (21.3% growth) and in foreign currencies to about AMD 54.8 billion (0% growth).

According to the statistical report, lending to households grew 24.2% to about AMD 112.7 billion, of which about AMD 79.4 billion was lent in drams (22.5% growth) and about AMD 33.3 billion in foreign currencies (28.2% growth). ($1 – AMD 407.55). -0—-

spot_img

POPULAR

Unibank Receives B++ Sustainability Alignment Rating from Agents for Impact GmbH

Unibank has received a Sustainability Alignment Rating of B++ from Agents for Impact GmbH (Frankfurt, Germany).

Ranking of Armenia’s most profitable banks for the first nine months of 2026

The ARKA news agency presents a ranking of 17 Armenian banks based on their after-tax profit for the period from January to September 2026.

A Birthday in Italy with Unibank

Unibank cardholder Haykush Markosyan will celebrate her 35th birthday in Italy after winning the “More Opportunities with Mastercard World Travel” promotion.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (October 12–18)

Armenia’s financial agenda over the past week encompassed the development of the government securities market, regulatory changes for banking operations, cooperation with international financial institutions, and the subsidization of financing for energy storage systems.

Remittances to Armenia from EAEU member states could drop by $2.1 billion, conditions for labor migration could become more stringent

Should Armenia’s participation in the Eurasian Economic Union (EAEU) be suspended, monetary transfers from EAEU member states to Armenia could fall from a projected $3,953.5 million in 2025 to $1,850 million—a decrease of $2,103.5 million.

LATEST NEWS

spot_imgspot_imgspot_img