Loan portfolio of Armenian banks’ branches in Karabakh stood at 98,234 mln drams in January

STEPANAKERT, January 15. /ARKA/. Total loan portfolio of branch offices of the Armenian commercial banks in Nagorno-Karabakh Republic (NKR) stood at 98,234 million drams as of January 1 this year, an increase of 18.6% compared to the same period of 2014.

Armenia’s National Statistical Service says that it was a 23.6% growth compared to December 2014.

Foreign currency loans account for 65.3% of the overall loan portfolio; overdue loans are 0.7%.

As of January 1, 2015, deposits in Armenia’s banks amounted to a total of 58,619.1 million drams, an increase of 4.9% compared to the same period of last year and December 2014.

Time deposits are 72.8% of all deposits; call deposits and target deposits account for 18.7% and 8.5% respectively. –0–

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 20–26)

Armenia's financial agenda last week was determined by the banking sector's first-half results, changes in the money transfer sector, and exchange rate dynamics.

Moody’s affirms Converse Bank’s ratings and changes outlook to positive from stable

Moody's Ratings has affirmed Converse Bank's long-term deposit ratings at Ba3 and changed the outlook to positive from stable.

Armenia’s $5.9 billion reserves cover more than four months of imports: former Finance Minister calls this a hedge against external shocks

Armenia's $5.9 billion international reserves cover more than four months of imports and currently provide a fairly reliable hedge against external shocks.

Euro and ruble rose, while the dollar fell: Central Bank

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.43 points on July 31, 2026, compared to July 30, to 366.2 drams.

Armenian banks’ loan portfolio exceeded AMD 8.56 trillion in the second quarter, representing a 23.56% year-on-year increase

The total loan portfolio of Armenian banks as of June 30, 2026, exceeded AMD 8.56 trillion, representing a 23.56% increase compared to June 30, 2025, and a 6.8% increase compared to March 31, 2026.

LATEST NEWS

spot_imgspot_imgspot_img