Tue, 30 September
25.1 C
Yerevan
USD: 382.75 RUB: 4.63 EUR: 448.54 GEL: 141.34 GBP: 513.96

In late September Armenian banks’ overdue loans were 0.83 percent down from previous month standing at 27.69 billion drams

YEREVAN, November 7. / ARKA /. In late September Armenian commercial banks’ overdue loans were 0.83 percent down from the previous month standing at 27.69 billion drams, making 1.46% of total loans, according to the latest numbers, released today by the National Statistical Service (NSS).
Some 84.3% of overdue loans or about 23.35 billion drams were short-term loans.

At the same time, extended loans in the reporting period of time amounted to about 120.79 billion drams, having increased by 4.3%. Of that amount about 42.8 billion drams were short term loans, according to the NSS.

Credit investments of the banks as of late September were said to have amounted to about 1.8 trillion drams, a 0.5% increase from the previous month. Some 1.081 4 trillion drams were loans in foreign currencies.

As of September 2014 the total loans of Armenian banks stood at about 1.896 trillion drams. ($ 1 – 413.94 drams). -0-

spot_img

POPULAR

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Armenia’s state budget deficit planned to be reduced to 1% by 2030, according to Finance Minister

Armenia's state budget deficit is planned to be reduced to 1% by 2030, announced Finance Minister Vahe Hovhannisyan.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

LATEST NEWS

spot_imgspot_imgspot_img