Armenian banks’ overall lending grows by 66.1 billion drams in one month

YEREVAN, March 28. /ARKA/. The total amount of loans provided by Armenian banks stood at 3.216.7 trillion drams in late February 2019, having increased by 66.1 billion drams or 2.1% from the previous month, the Central Bank of Armenia said.

It said the total amount of loans provided to residents at the end of February 2019 stood at 2. 965.3 trillion drams, an increase of 2.17% from the previous month) with 1.377.1 trillion drams worth loans being in the national currency dram, an increase of 2.1% from the previous month, while the equivalent of 1. 588.2 trillion drams were loans in USD, an increase of 2.24%.

According to the Central Bank data, the amount of loans issued by Armenian banks to enterprises in the reporting period amounted to 1.565.7 trillion drams, to households – to 1.178.8 trillion drams, to companies not pursuing a profit – to 117.7 billion drams and to others financial institutions – to 103.1 billion drams.

The total amount of loans provided to non-residents in February 2019 stood at 251.3 billion drams, an increase of 1.25% from the previous month. ($1 – AMD 486.31). -0-

spot_img

POPULAR

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.

Ranking of Armenia’s Largest Credit Institutions by Total Capital in H1 2026

ARKA News Agency publishes a ranking of Armenia's largest credit institutions by total capital for the first half of 2026.

Armenia’s total public debt as of June 2026 amounted to $13.9 billion

Armenia's total public debt as of June 30, 2026, amounted to $13,900.932 million, an increase of $8.476 million compared to May 31, 2026, according to a report by the Statistical Committee of Armenia.

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.

Armenia to receive €170.3 million loan from IBRD for economic transformation

At a meeting on Thursday, the Armenian government approved a loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank structure) for €170.3 million under the "Armenia Economic Transformation Policy Development Loan" program.

LATEST NEWS

spot_imgspot_imgspot_img