Loan portfolio of Armenian banks’ branches in Karabakh grows 17.3% to AMD 89186.8 million by November 1

YEREVAN, November 6. /ARKA/. The aggregate loan portfolio of Armenian banks’ branches operating in Nagorno-Karabakh Republic’s territory grew 17.3% over the first ten months of this year, compared with the same period a year before, reaching AMD 89186.8 million by early November.

The National Statistical Service of the Nagorno-Karabakh Republic says their loan portfolio grew 2.2%, compared with the previous month.

According to the statistical report, loans extended in foreign currencies made up 68.9% of the loan portfolio, and the share of overdue loans here was 1%.

The deposits at Armenian banks’ branches in Nagorno-Karabakh Republic totaled AMD 58467.4 million in early November showing a 6.9% year-on-year growth and a 0.2% month-on-month growth.

Time deposits made up 72.4% of the total deposits at these banks’ branches, demand deposits 18.6% and purpose-oriented deposits 9%. —0—-

spot_img

POPULAR

On May 30, “Unisport” will compete for the title of the Armenian champion

On May 30, 2026, the second match of the playoff final of the Armenian Futsal Premier League will take place.

Central Bank of Armenia warns of a new wave of telephone fraud

The Central Bank of Armenia has warned citizens of a new wave of telephone fraud.

Dram-pegged stablecoins will significantly reduce cross-border payment costs – Galstyan

Stablecoins pegged to the Armenian dram will allow the population to make domestic payments and significantly reduce cross-border payment costs, stated Martin Galstyan, head of the Central Bank of Armenia, in response to a question from ARKA news agency.

Armenia to Receive €170.3 Million IBRD Loan for Economic Transformation

On Wednesday, the Armenian government approved a proposal to sign a €170.3 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity).

Continuous liquidity and fair pricing must be ensured in the Armenian foreign exchange market — Central Bank

One of the main tasks of the Central Bank of Armenia is to ensure continuous liquidity and fair pricing in the foreign exchange market, stated Martin Galstyan, head of the regulator.

LATEST NEWS

spot_imgspot_imgspot_img