Fri, 25 July
25.1 C
Yerevan
USD: 383.74 RUB: 4.93 EUR: 450.05 GEL: 141.25 GBP: 521.81

Overdue loans at Armenia’s banks grow 3.3% in February to AMD 33.6 billion

YEREVAN, April 5. /ARKA/. Overdue loans at Armenia’s banks have grown 3.3% over February 2017 to AMD 33.6 billion, the National Statistical Service reports.

Short-term loans have shrunk 7.2% over one month to AMD 15.2 billion, while long-term loans have grown 14% to AMD 18.3 billion.

Loans with prolonged terms totaled AMD 104.3 billion in late February after growing 0.4% over the month.

According to the official statistical report, credit exposure totaled AMD 2 260.2 billion showing a 0.68 month-on-month growth. Loans in drams grew 0.25% to AMD 816.5 billion and loans in foreign currencies 0.9% to AMD 1 443.6 billion.

Aggregate lending has grown 0.7% to AMD 2 398.2 billion. ($1- AMD 483.83). –0—-

spot_img

POPULAR

US dollar rises slightly against Armenian dram, euro and ruble fall

The average market exchange rate of the US dollar against the Armenian dram as of July 17, 2025, rose by 0.16 points compared to July 16 and amounted to 384.12 drams.

Annual meeting of BSTDB Board of Governors to be held in Yerevan

The President of the Black Sea Trade and Development Bank (BSTDB) Serhat Köksal expressed his gratitude for hosting the annual meeting of the BSTDB Board of Governors in Yerevan during a meeting with Armenian Prime Minister Nikol Pashinyan on Tuesday.

Euro falls by 2.8 points against Armenian dram, meanwhile, US dollar and ruble decline slightly

As of July 16, 2025, the average market exchange rate of the U.S. dollar against the Armenian dram fell by 0.16 points compared to July 15, amounting to 383.96 drams.

In Armenia, bad loans worth over $1 million have been written off under the state support program – Ministry of Social Affairs

14,757 applications for writing off bad loans have been received in Armenia within the framework of the relevant state support program, which started on February 1, 2025.

Viva Armenia CJSC bonds listed on Armenia Stock Exchange

The Armenia Stock Exchange (AMX) is pleased to welcome another major company to the capital market. Viva Armenia CJSC’s USD-denominated bonds will be listed on the Armenia Stock Exchange starting from 15 July.

LATEST NEWS

spot_imgspot_imgspot_img