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

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

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.18 points on July 28, 2026, compared to July 27, to 366.54 drams.

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

Валют, на армбанкс евро, доллара и рубля к армянскому драму...

It is now possible to register in Unibank’s mobile application through imID as well

Unibank continues to expand its digital service capabilities by offering customers another convenient option for registering in the UNIMobile application.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (July 20–26)

Armenia's financial agenda last week was determined by the banking sector's first-half results, changes in the money transfer sector, and exchange rate dynamics.

World Bank forecast inflation in Armenia at 4.6% in 2026: key factors identified

The World Bank forecasts inflation in Armenia at 4.6% by the end of 2026, up from 3.3% a year earlier, said Armine Manukyan, Senior Economist at the World Bank.

LATEST NEWS

spot_imgspot_imgspot_img