Sun, 14 September
17.1 C
Yerevan
USD: 383.47 RUB: 4.56 EUR: 449.96 GEL: 142.03 GBP: 519.91

Loan portfolio of Armenian banks’ branches in Karabakh increased 17.3% to AMD 89097.8 million by September 1

STEPANAKERT, September 25. /ARKA/. The aggregate loan portfolio of Armenian commercial banks’ branches in Nagorno-Karabakh Republic reached AMD 89097.8 million by September 1, 2015 after growing 17.3% over one year, but shrinking 0.8% over one month.

The National Statistical Service of Nagorno-Karabakh Republic reports on its website that loans in foreign currencies made up 69.9% of the loan portfolio, and the share of overdue loans was 1.2% in early September.

Deposits attracted by the Armenian banks’ branches in Nagorno Karabakh totaled AMD 62563.3 million showing a 14.9% year-on-year growth and 9.7% month-on-month growth.

According to the statistical report, the share of time deposits in the bank branches’ aggregate loan portfolio was 70.6%, that of demand deposits was 21.1% and that of purposed deposits 8.3% in early September. –0–

spot_img

POPULAR

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

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.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Central Bank of Armenia initiates discussions on draft by-laws related to Law on Cryptoassets

The Central Bank of Armenia is set to conduct a public discussion on  the draft by-laws essential for implementing the Law on Cryptoassets, which became effective on July 4 of this year, as reported by the regulator's press service.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

LATEST NEWS

spot_imgspot_imgspot_img