Credit portfolio of Armenian banks’ branches in Nagorno-Karabakh grow by 17 percent to 88.4 billion drams

STEPANAKERT, July 3. / ARKA /. The total credit portfolio of Armenian commercial banks’ branches in Nagorno-Karabakh stood at about 88.4 billion drams as of July 1, having increased by 17.3% year-on-year, NKR Statistical Service said. It said also the growth from the previous month was 0.4%.

Some 68.3% of the lending was in foreign currency, while the share of overdue loans was 1.2%.
As of July 1, 2015 the branches had 56.2 billion drams worth deposits, by 2.6% more from the same period of 2014. Compared with 2015 June they were down by 0.6%.

Some 72.8% of the deposits were term deposits, 18.2% were demand deposits and 9% were special purpose deposits.-0-

spot_img

POPULAR

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market as of July 15, 2026, rose by 0.51 points compared to July 14, reaching 367.25 drams.

Converse Bank Named Armenia’s Best Digital Bank for Consumers by Euromoney

Converse Bank has been named Armenia’s Best Digital Bank for Consumers by the internationally renowned financial publication Euromoney

A banking STOP button has been launched in Armenia: the Central Bank has explained which transactions can be blocked

Since July 1, 2026, financial institutions in Armenia providing remote services have implemented the "STOP" mechanism, allowing customers to independently restrict individual transactions or completely block remote financial services.

Euro continued to rise against the Armenian dram, while the dollar and ruble weakened: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of July 16, 2026, fell by 0.6 points compared to July 15, reaching 366.57 drams.

Ranking of the Most Profitable Armenian Banks for the First Quarter of 2026

ARKA News Agency has published a ranking of the most profitable Armenian banks for the first half of 2026.

LATEST NEWS

spot_imgspot_imgspot_img