Aggregate loan portfolio of Armenia’s banks in Nagorno-Karabakh Republic built up17.7% to AMD 87973 million

STEPANAKERT, June 8. /ARKA/. The aggregate loan portfolio of Armenia’s banks in Nagorno-Karabakh Republic has grown 17.7% since early June 2014 to AMD 87973 million by early June 2015, the National Statistical Service of Nagorno-Karabakh Republic reports on its official website.

According to the statistical report, the portfolio’s month-on-month growth was recorded at 1.5% in early June 2015.

Lending in foreign currencies made up 67.7% of the loan portfolio and the share of overdue loans here was 1.3%.

The deposits attracted by the banks’ branches in Karabakh totaled AMD 56469.5 million in early June 2015 after growing 2% over one year and 0.1% over one month.

Time deposits constituted 73.5% of the branches’ aggregate deposit portfolio, demand deposits 17.5% and targeted deposits 9%. ($1 – AMD 476.86). –0–

spot_img

POPULAR

Unibank’s AMD 6.9 billion Perpetual Bonds Listed on the Armenia Securities Exchange

Unibank’s AMD-denominated perpetual bonds with a total nominal volume of AMD 6.9 billion have been listed on the Armenia Securities Exchange and included in the secondary Bbond list of bonds.

A story of people, goals, and trust: Acba Bank’s 30-year journey (VIDEO)

Thirty years ago, a group of young people with a bold vision and rather limited resources launched an enterprise whose future scale was difficult to imagine.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 5–11)

Armenia’s financial agenda last week covered inflation trends, capital market activity, new bank bond issuances, and cross-border remittances.

Pensions, benefits, and cashback: Armenian government allocates 40.8 billion drams for these purposes

At its meeting on Thursday, the Armenian government decided to allocate 40.8 billion drams to fund pension and social payments for the fourth quarter of 2026.

Armenia’s public debt to remain below 50% of GDP in the medium term – Finance Ministry

Armenia’s public debt will remain below 50% of GDP in the medium term, stated the Republic’s Minister of Finance, Vahe Hovhannisyan.

LATEST NEWS

spot_imgspot_imgspot_img