Combined credit portfolio of Armenian banks’ branches in Nagorno-Karabakh 2.6% higher from a year before

STEPANAKERT, January 13. /ARKA/. On January 1, 2016 the combined credit portfolio of Armenian banks’ branches operating in the Nagorno-Karabakh Republic (NKR) were by 2.6% higher from a year before standing at 100.1 billion drams.

According to the NKR National Statistical Service, the overall lending was by 9.9% higher from the previous month. It said also 72.7% of the portfolio were loans in foreign currency. The share of overdue loans was 1%.

As of January 1, 2016, the amount of private deposits was by 4.6% higher from a year before standing at 61.4 billion drams. About 72.3% of deposits were term deposits, 18.8% were demand deposits and 8.9% were special deposits. -0-

spot_img

POPULAR

Head of the Union of Banks of Armenia expects the situation with the acceptance of cash rubles by Armenian banks to be resolved

The situation with the acceptance of Russian cash rubles by Armenian banks will be largely resolved, stated Daniel Azatyan, Chairman of the Union of Banks of Armenia.

Net profit of Armenian credit institutions in the first half of 2026 decreased by 1.5 times to 21 billion drams

The total net profit (after tax) of Armenian credit institutions in the first half of 2026 amounted to 21.02 billion drams, compared to 30.73 billion drams in the first half of 2025 (a decline of 1.46 times, or 31.6%).

Armenian banks’ loan portfolio in the first half of the year amounted to 8.8 trillion drams, up 11.5% – Union of Banks

The loan portfolio of Armenian banks in the first half of 2026 amounted to 8.8 trillion drams, up 11.5%, reported Daniel Azatyan, head of the Union of Banks of the Republic.

Capital of Armenian credit institutions increased by 2.82% in the first half of 2026 compared to the beginning of the year, exceeding 467 billion...

The total capital of Armenian credit institutions in the first half of 2026 amounted to 467.14 billion drams, an increase of 1.99% compared to the end of the first quarter and 2.82% compared to the beginning of the current year.

Mher Ananyan joins Unibank’s Management Board

According to the decision of the Board of Unibank OJSC dated August 3, 2026, Mher Ananyan has been appointed Acting First Deputy Chairman of the Management Board.  

LATEST NEWS

spot_imgspot_imgspot_img