Sat, 12 April
12.1 C
Yerevan
USD: 391.07 RUB: 4.66 EUR: 443.20 GEL: 142.03 GBP: 511.21
spot_img

Overdue loans at Armenia’s banks grow 13.4% to AMD 45.3 billion in February

YEREVAN, April 5. /ARKA/. Overdue loans at Armenia’s banks reached AMD 45.3 billion by late February after growing 13.4% over one month, the National Statistical Service of Armenia reports.

Short-term overdue grew 12.6% to AMD 25.1 billion, and long-term overdue grew 14.4% to AMD 20.2 billion.

Loans with extended terms grew 2% to AMD 113.8 billion.

Banks’ credit investments totaled AMD 1 970.2 billion in late February showing a 1.84% month-on-month growth – loans in foreign currencies grew 2.6% to AMD 1 320.7 billion and those in drams grew 0.35% to AMD 649.4 billion.

Armenian banks’ aggregate loan portfolio amounted to AMD 2 129.4 drams in late February, showing a two-percent month-on-month growth. —0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

LATEST NEWS

spot_imgspot_imgspot_img