Thu, 20 November
-0.9 C
Yerevan
USD: 381.47 RUB: 4.73 EUR: 441.32 GEL: 141.07 GBP: 499.88

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’s 2026 state budget expenditures will amount to 3.6 trillion drams, revenues to 3.09 trillion drams, and a deficit of 537 billion drams –...

Armenia's 2026 state budget expenditures will amount to 3.63 trillion drams, revenues to 3.09 trillion drams, and a deficit to 537 billion drams, or 4.5% of GDP, said Finance Minister Vahe Hovhannisyan during a discussion of the 2026 draft state budget in parliament on Wednesday.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

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.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img