Tue, 3 March
8.1 C
Yerevan
USD: 376.99 RUB: 4.86 EUR: 436.97 GEL: 139.80 GBP: 500.79

Combined amount of credit portfolios of Armenian banks’ branches in NKR drops by 16.7%

STEPANAKERT, February 17. /ARKA/. As of February 1, 2016 the combined amount of credit portfolios of Armenian banks’ branches in the Nagorno-Karabakh Republic (NKR) stood at 79.6 billion drams, a drop of 16.7% compared to the same period of 2015.

According to NKR National Statistical Service, when compared to 2016 January, the drop amounted to 21%. It also said about 64.5% of the portfolios were foreign currency loans and the share of overdue loans amounted to 1.2%.

As of February 1, 2016 the total amount of deposits attracted by these branches was worth about 67.4 billion drams. This indicator was 20.2% higher from the same period of time in 2015 and when compared to 2016 January the figure was up 9.8%.

According to the NKR National Statistical Service, some 75.6% of deposits were term deposits, 16.2% were demand deposits and 8.2% were special deposits.-0-

spot_img

POPULAR

Rates of euro, dollar and ruble to Armenian dram decreased: Central Bank of Armenia

The average exchange rate of the US dollar to the Armenian dram, formed on the currency market of Armenia as of February 27, 2026, decreased by 0.04 points to 377 drams compared to February 26.

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

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of February 26, 2026, increased by 0.12 points compared to February 25, reaching 377.04 drams.

The risk of raising pensions in Armenia is estimated, the fiscal space for payments is stable – Ministry of Finance

The risk of expenses due to the increase of pensions in Armenia has been assessed, there is a stable predictable fiscal space for the benefit of pensioners, said Arman Pogosyan, Deputy Minister of Finance.

“Globbing” LLC’s bonds worth 1.5 billion drams and $2 million have been listed on Armenia Securities Exchange (AMX)

The Armenian Securities Exchange (AMX) today welcomed the entry of one of the leading online shopping companies, Globbing LLC (Global Shipping LLC), to the capital markets.

Armbanks Weekly Digest. Key events of the financial market of Armenia (February 23 – March 1)

Last week on the financial market of Armenia was quite active and included the publication of the international risk assessment of financial stability, the disclosure of annual indicators of credit organizations and the development of the debt segment on AMX.

LATEST NEWS

spot_imgspot_imgspot_img