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

Euro rose against the Armenian dram, while the dollar and ruble continued to decline: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.34 points on July 29, 2026, compared to July 28, to 366.2 drams.

Euro and ruble rose, while the dollar fell: Central Bank

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.43 points on July 31, 2026, compared to July 30, to 366.2 drams.

World Bank does not see significant risks in Armenia’s public debt rising to 50% of GDP

Armenia's public debt could increase to approximately 50% of GDP by the end of 2026, but the World Bank does not view this level as a significant threat to the country's macroeconomic stability, said Armine Manukyan, Senior Economist at the World Bank.

Euro, dollar, and ruble exchange rates against the Armenian dram have increased: Central Bank

Валют, на армбанкс евро, доллара и рубля к армянскому драму...

Armenia’s $5.9 billion reserves cover more than four months of imports: former Finance Minister calls this a hedge against external shocks

Armenia's $5.9 billion international reserves cover more than four months of imports and currently provide a fairly reliable hedge against external shocks.

LATEST NEWS

spot_imgspot_imgspot_img