Wed, 17 September
22.1 C
Yerevan
USD: 383.12 RUB: 4.63 EUR: 452.35 GEL: 141.48 GBP: 522.04

Armenian banks overall lending grows by 1 percent in March

YEREVAN, May 2. /ARKA/. Armenia-based commercial banks’ aggregate lending grew by 1% or 24.6 billion drams in March 2017 to 2.422.9 trillion drams, according to the latest numbers, released today by the National Statistical Service (NSS).

Lending in foreign currency decreased to the equivalent of 1.425.5 trillion drams (a decline of 1.25%), while lending in the national currency increased to 846.6 billion drams (an increase of 3.7%). Overdue loans were said to have grown by 0.02% to 33.6 billion drams, and extended loans grew by 12.1% to 117.1 billion drams. -O-

spot_img

POPULAR

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

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.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

LATEST NEWS

spot_imgspot_imgspot_img