Sun, 17 August
21.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

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

Market capitalization in July increased by 45.3% year-on-year, exceeding 463 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for July 2025. The month showed a dynamic trading environment, highlighting growing investor confidence and market activity. 

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

Armenia is experiencing an investment boom: opportunities, barriers and main misconceptions

Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.

Investments without myths: CEO of Cube Invest on opportunities, risks and development prospects of Armenian capital market

Investments in the modern world are not only an opportunity to increase capital but also a powerful tool for economic development.

Armenia’s banking sector’s  profit amounted to 201 billion drams in January-June – UBA

The 17 banks in Armenia earned a combined profit of 201 billion drams in the first half of 2025, said Daniel Azatyan, head of the Union of Banks of Armenia (UBA).

LATEST NEWS

spot_imgspot_imgspot_img