Fri, 30 January
-2.9 C
Yerevan
USD: 379.10 RUB: 5.00 EUR: 452.72 GEL: 140.90 GBP: 522.48

Credit portfolio of Armenian banks’ branches in Nagorno-Karabakh falls by 1.5 percent to 9.6 billion drams

YEREVAN, February 6. / ARKA /. The credit portfolio of Armenian banks’ branches in Nagorno-Karabakh Republic (NKR) stood at 9.6 billion drams as of February 1, 2015, a 1.5% decrease from the year before, NKR National Statistical Service said. It said compared with the 2015 January, the portfolio was down by 2.7%.

Some 64.8% of the portfolio was loans in foreign currency, while the share of overdue loans was 2.1%.

As of February 1, 2015 the amount of bank deposits stood at 56 billion drams. The figure represented a 20.6% decline from 2014 February. When compared to January this year, the total amount of deposits in the branches was down 4.5%.

According to NKR National Statistical Service, 71.8% of deposits were term deposits, 19.2% were demand deposits and 9% were target deposits. ($ 1 – 477.46 drams). -0-

spot_img

POPULAR

EBRD invested record €426 million in Armenia in 2025

The European Bank for Reconstruction and Development (EBRD) invested a record €426 million in the Armenian economy in 2025 through 26 projects, the bank's press service reported.

WB: In November 2025, net non-commercial money transfers to armenia grew by 28.8 percent yoy

In November 2025, net non-commercial money transfers grew by 28.8 percent (yoy), , according to World Bank's 'Armenia Monthly Economic Update – January 2026.'

Armenia Ranks Third in Russian Business Account Requests — NSV Consulting

In 2025, Russian business representatives expressed interest in opening accounts in more than 20 foreign jurisdictions.

Euro rises 4.49 points against  Armenian dram, while  dollar and ruble fall – Central Bank

The average market exchange rate of the US dollar to the Armenian dram on January 25, 2026, fell 0.21 points compared to January 23, to 379.07 drams.

Armenia’s commercial banks paid 162.14 billion drams to the state budget in 2025

All 17 commercial banks operating in Armenia were included in the list of the top 1,000 taxpayers in 2025, having paid a total of 162.14 billion drams to the state budget.

LATEST NEWS

spot_imgspot_imgspot_img