Tue, 1 July
18.1 C
Yerevan
USD: 384.47 RUB: 4.90 EUR: 450.83 GEL: 141.25 GBP: 526.80

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 exchange rate unchanged, euro and ruble rise

The average market exchange rate of the U.S. dollar to the Armenian dram on March 7, 2025, remained at 394.58 drams, unchanged compared to March 6.

Central Bank of Armenia considering introducing long-term mechanisms for insurance against fraud

The Central Bank of Armenia is considering the possibility of introducing mechanisms for insurance against fraud.

Armenia to receive EUR 26 million loan from KfW bank for renewable energy development

Armenia will receive a loan and a grant from the German KfW bank for the implementation of the "Renewable Energy and Energy Efficiency Development" program.

Ratio of loans to deposits in commercial banks of Armenia has improved – WB review

In April 2025, deposits and loans of commercial banks of Armenia increased by 1.5% y/y and 0.8% y/y, respectively, slightly improving the ratio of loans to deposits compared to the figures for the previous year.

Euro falls by 0.62 points to 450.23 drams

The average market exchange rate of the US dollar against the Armenian dram as of June 27, 2025, decreased by 0.59 points compared to June 26 and amounted to 384.32 drams.

LATEST NEWS

spot_imgspot_imgspot_img