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

A New Level of Insurance Innovation: The Armenian Bureau of Motor Insurers and GAIP Sign a Cooperation Agreement

The Armenian Bureau of Motor Insurers and the international organization Global Association of InsurTech Professionals (GAIP) signed a cooperation agreement on Monday in the field of compulsory motor insurance (CMTPLI) and insurance technologies.

Euro, dollar, and ruble exchange rates against the Armenian dram continued to decline: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of May 5, 2026, decreased by 0.34 points compared to April 30, to 370.44 drams.

EDB assessed the reasons for rising inflation in Armenia and maintenance of refinancing rate

Inflation in Armenia accelerated in April amid rising prices for food and non-food products, according to the Eurasian Development Bank's weekly macro review.

Inflation of 5.3% recorded in Armenia in April

In the Armenian consumer market, 12-month inflation in April of this year amounted to 5.3%, according to a report from the Statistical Committee of Armenia.

The risk premium on Armenian Eurobonds has decreased from 400 to 190 basis points: Central Bank Governor

The risk premium on Armenian Eurobonds has decreased significantly, from 400 to 190 basis points, stated Martin Galstyan, Governor of the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img