Sat, 21 February
7.1 C
Yerevan
USD: 376.82 RUB: 4.90 EUR: 443.25 GEL: 140.90 GBP: 507.65

Armenian banks’ performance indicators worsen in third quarter- Eurasian development bank study says

YEREVAN, December 22. / ARKA /. Armenian banking sector’s performance indicators worsened in the third quarter of 2014, according to December issue of “CIS Macro-monitor,” released by the Research Department of the Eurasian Development Bank (EDB).

According to the study, Armenian banks’ ROA in the III quarter decreased to 1.1% from 1.7% in the first half of 2014,  while their  ROE slashed to  7.2%  from 10.5% in the first half of 2014.
E
DB analysts say the amount of banks’ overdue loans over 90 days rose to 6.6% from 6.1% in the first half of 2014.

Armenian banks total assets in the third quarter grew by 0.6 percent from the beginning of the year to approximately 3 trillion drams, their liabilities fell by 0.5 percent to about 2.5 trillion drams, credit investments  rose by 6.6 percent to around 2 billion drams,  total  capital upped by 6.45 percent to  499.3 billion drams, while their net  profit declined by 20 percent to 28.2 billion drams. ($ 1 – 456.17 drams). -0-

spot_img

POPULAR

Armenia’s banking system is stable, and a positive impact from TRIPP implementation is expected: UBA head

Armenia's banking system is assessed as stable based on stress tests, and banks are reasonably well capitalized. Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated this in response to a question from ARKA news agency.

EDB assesses factors driving Armenia’s GDP growth in 2026 – macro review

According to EDB forecasts, Armenia's GDP will grow by 5.3% in 2026.

Byblos Bank Armenia online loan via mobile: Up to AMD 10 mln in just minutes

Byblos Bank Armenia has launched an online lending product, enabling customers to apply for and receive financing within minutes.

USD, euro, and ruble appreciate against Armenian dram

As of February 16, 2026, the average market exchange rate for the US dollar to the Armenian dram increased by 0.73 points compared to February 13, reaching 377.67 drams.

Armenian banks’ loan portfolio reached AMD 7.9 trillion in 2025 – Union of Banks of Armenia

The loan portfolio of Armenia's banking system increased to AMD 7.9 trillion by the end of 2025 from AMD 6.4 trillion in the same period of 2024, stated Daniel Azatyan, head of the Union of Banks of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img