Sun, 24 August
35.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Overdue loans at Armenia’s banks grow 7% in May 2017

YEREVAN, July 6. /ARKA/. Overdue loans at Armenia’s banks grew 7% in May 2017, compared with the previous month, to AMD 36.9 billion, the Central Bank of Armenia reports on its official website.

Loans with extended terms totaled AMD 115.5 billion in late May after shrinking 0.5% over the month.

Credit exposure amounted to AMD 2 305.4 billion in late May 2017 showing a 0.3 percent month-on-month growth, of which AMD 1 444.8 billion in foreign currencies and AMD 1 195.2 billion in drams.

In total, loans amounted to AMD 2 458 billion in late May 2017 showing a 0.3% month-on-month growth. ($1 – AMD 480.26). –0—-

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

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.

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.

Unibank Issued Preferred Shares with a Fixed Annual Dividend of 12%

Unibank announces a new issue of Class “G” convertible preferred shares, offering investors a fixed annual dividend of 12%. The total issue volume amounts to AMD 1.5 billion.

Deposits in commercial banks of Armenia at the end of June amounted to 6.7 trillion drams

According to the National Statistical Committee, the volume of deposits in all 17 Armenian commercial banks at the end of June 2025 amounted to 6,693,323 million drams, up from 6,665,578 million drams in May.

LATEST NEWS

spot_imgspot_imgspot_img