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

Net remittance inflow to Armenia from abroad increased approximately 3.5-fold in two months

The net inflow of non-commercial money transfers to Armenia, from abroad through the Armenian banks amounted to $303 million in January-February 2026, compared to $87.5 million in January-February 2025, according to a report from the Central Bank.

Assets of Armenian banks increased by 16.67% to 13.15 trillion drams as of the end of Q1 2026

Total assets of Armenian banks as of March 31, 2026, amounted to 13.1 trillion drams, an increase of 16.67% compared to March 31, 2025.

Ranking of most profitable banks in Armenia based on results of first quarter of 2026

ARKA News Agency has published a ranking of the most profitable banks in Armenia based on the results of the first quarter of 2026.

ADB considers Armenia’s capital market development key to long-term financing, investment, and sustainable growth

Developing Armenia's capital market is considered key to increasing the availability of long-term financing and supporting investment, economic diversification, and sustainable growth, according to the ADB's Asian Development Outlook (April 2026).

Travel in comfort with the Mastercard World “Travel” Cards from Unibank

Unibank offers Mastercard World "Travel" cards, designed specifically for clients who travel frequently and value convenience, reliability, and additional privileges.

LATEST NEWS

spot_imgspot_imgspot_img