Loans provided by banks of Armenia exceed AMD 3 trillion in late December 2018

YEREVAN, February 6. /ARKA/. The loans provided by banks of Armenia totaled AMD 3 128.5 billion in late December 2018 after growing 16.5% or by AMD 443.9 billion over one year, the Central bank of Armenia reports. Loans grew by AMD 42.8 billion in December alone.

The loans provided by the banks to residents have grown 16.5% since the beginning of the year to AMD 2 890.4 billion, of which AMD 1 331.5 billion has been lent in Armenian drams (38.5% growth) and AMD 1 558.8 billion in US dollars (2.6% growth).

According to the central bank’s report, the loans extended to organizations totaled AMD 1 534.9 billion (8.8% growth), to households AMD 1 139 billion (29.1% growth), to non-profit companies AMD 119.5 billion (12.5% growth) and to other financial organizations AMD 96.8 billion (17.9% growth).

Besides, AMD 238.1 billion had been lent to non-residents as of December 31, 2018 (16.1% growth). ($1 – AMD 487.65). -0–

spot_img

POPULAR

4.5% Inflation Recorded in Armenia in July

Twelve-month inflation in the Armenian consumer market in July of this year was 4.5%, according to a report from the Statistical Committee.

Armenian bank assets grew by 8.1% in the first half of the year, reaching 13.8 trillion drams — Union of Banks of Armenia

The total assets of Armenian banks as of June 30, 2026, amounted to 13.8 trillion drams, an increase of 8.1% since the beginning of the year, announced Daniel Azatyan, Chairman of the Union of Banks of Armenia.

Euro continued to rise against the Armenian dram, while the dollar and ruble weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.87 points on August 5, 2026, compared to August 4, to 366.14 drams.

Assets of Armenian credit institutions exceeded 905 billion drams in the first half of the year, up 5.12% from the beginning of the year

The total assets of Armenia's credit institutions as of June 30, 2026, amounted to 905.17 billion drams, an increase of 2.58% compared to March 31, 2026, and a 5.12% increase from the beginning of the year.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (July 27–31)

Armenia's financial agenda last week was determined by banking sector data, rating decisions, inflation and public debt forecasts, exchange rate dynamics, personnel changes at Byblos Bank Armenia, and expert assessments of the possible impact of restrictions on goods supplies to Russia.

LATEST NEWS

spot_imgspot_imgspot_img