Sun, 28 September
16.1 C
Yerevan
USD: 382.71 RUB: 4.59 EUR: 446.43 GEL: 141.38 GBP: 510.80

Armenian banks’ overdue loans in January 2015 were 10% higher from previous month

YEREVAN, March 9. / ARKA /. Armenian commercial banks’ overdue loans in January 2015 were 10% higher when compared to the previous month, standing at 35.8 billion drams or 1.7% of the total lending, the National Statistical Service (NSS) said today. It said about 67% or 23.99 billion drams of overdue loans were short-term loans.

At the same time, the extended loans stood at approximately 125.5 billion drams, by 1.8% higher from the previous month, of which about 51 billion drams were short-term loans.

According to NSS, credit investments of the banks in January 2015 were by 2.7% lower from the previous month standing at over 1.9 trillion drams. Of that amount the equivalent of about 1.3 trillion drams were foreign currency loans.

As of late January 2015 the total lending by Armenian banks stood at about 2.1 trillion drams, a decline of 2.2% from the previous month. ($ 1 – 479.59 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.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

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.

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

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

LATEST NEWS

spot_imgspot_imgspot_img