Total lending of Armenian banks grows to 3.96 trillion drams in late July, 2022

YEREVAN, September 7, /ARKA/.  The total lending of 17 Armenia-based commercial banks at the end of July 2022 stood at more than 3.96 trillion drams, up from 3.9 trillion drams in late June, according to the numbers, released today by the National Statistical Committee (NSC).

The amount of deferred loans stood at 196.8 billion drams (4.97% of the total) against 188.5 billion drams in late June. The amount of overdue loans stood at about 12.1 billion drams (0.31% of the total) against about 14.6 billion drams in late June.

The amount of loans issued in foreign currency  amounted to the equivalent of about 1.41 trillion drams (35.64% of the total) against about 1.45 trillion drams in late June, while the amount of loans in Armenian drams stood at about 2.34 trillion (59.1%) against about 2.28 trillion in late June.

The amount of loans issued by banks to non-residents totaled about 219.7 trillion drams against 210.4 trillion drams in late June, while the volume of loans issued to residents totaled about 3.80 trillion drams against about 3.78 trillion drams in late June, 2022.

The volume of dram loans issued to residents amounted to about 2.37 trillion against 2.31 trillion drams, and the volume of foreign currency loans to the equivalent of about 1.43 trillion drams against about 1.47 trillion drams.

The volume of loans issued by credit organizations by the end of July exceeded 300.4 billion drams against about 304 billion drams in late June.

At the same time, non-residents were given loans of nearly 12 billion drams against about 13 billion drams in late June 2022, and the volume of credits given to residents stood at more than 288.5 billion drams against about 291 billion drams in late June.

The volume of dram loans issued to residents amounted to 207 billion drams against 203.5 billion drams in June, and the volume of foreign currency loans amounted to the equivalent of 81.5 billion drams against 87.5 billion drams in June.  ($1 – 404.8 drams). -0-

spot_img

POPULAR

Armenian banks’ loan portfolio exceeded AMD 8.56 trillion in the second quarter, representing a 23.56% year-on-year increase

The total loan portfolio of Armenian banks as of June 30, 2026, exceeded AMD 8.56 trillion, representing a 23.56% increase compared to June 30, 2025, and a 6.8% increase compared to March 31, 2026.

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

The average market exchange rate for the US dollar against the Armenian dram on July 24, 2026, fell by 0.08 points compared to July 23, to 365.87 drams.

How much do Armenian banks transfer to the budget for every dram of profit? Armbanks ranking

In the first half of 2026, 17 commercial banks in Armenia transferred 116.16 billion drams in tax and customs payments to the state budget.

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.

World Bank forecast inflation in Armenia at 4.6% in 2026: key factors identified

The World Bank forecasts inflation in Armenia at 4.6% by the end of 2026, up from 3.3% a year earlier, said Armine Manukyan, Senior Economist at the World Bank.

LATEST NEWS

spot_imgspot_imgspot_img