Loan portfolio of Armenian commercial banks’ branches in Karabakh shrinks 1.6% to AMD 89785.3 million by August 1

YEREVAN, August 11. /ARKA/. The aggregate loan portfolio of Armenian commercial banks’ branches operating in Nagorno-Karabakh Republic amounted to AMD 89785.3 million by August 1, 2015 after shrinking 1.6% over one year, but growing 1.6% over one month.

According to Nagorno-Karabakh National Statistical Service, the share of loans extended in foreign currencies was 68.7% in the aggregate loan portfolio, and the share of overdue loans stood at 1.2% in early August 2015.

Deposits at Armenian banks’ branches in Nagorno-Karabakh Republic totaled AMD 57031.5 million in early August 2015 showing a 15.7% year-on-year decline and 1.6% month-on-month growth.

Time deposits made up 72.7% of the branches’ aggregate deposit portfolio, demand deposits 18.3% and special deposits 9%. —-0—-

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (July 13–19)

YEREVAN, July 20. /ARKA/. Key events of the past...

“ML Fashion” issues bonds: distributor: “Cube Invest”

“ML Fashion” LLC, operating in Armenian fashion retail market, announces public issuance of nominal coupon bonds. The underwriter of the issue is “Cube Invest” investment company.

Euro, dollar, and ruble exchange rates against the Armenian dram have fallen: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of July 23, 2026, fell by 0.94 points compared to July 22, to 365.95 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.

Acba Bank to Support Armenian Exports

To support the development of local producers, promote Armenian exports to various countries worldwide, and enhance the competitiveness of Armenian businesses, Acba Bank is offering the best export factoring terms currently available in Armenia until September 30.

LATEST NEWS

spot_imgspot_imgspot_img