Armenian banks’ loan portfolios in 2023 amounted to AMD 5.15 trillion

YEREVAN, January 26. /ARKA/. The total volume of loans issued by Armenian banks in 2023 amounted to AMD 5.15 trillion, up from  AMD 4.21 trillion issued a year earlier, according to  the Central Bank.

The volume of loans provided to residents amounted to AMD 4.88 trillion (AMD 4 trillion in 2022), and to non-residents – to AMD 269.8 billion (AMD 204.5 billion in 2022).

Some AMD 3.21 trillion loans provided to residents were AMD loans and the equivalent of AMD 1.67 trillion were loans in foreign currencies. Non-residents were granted AMD 104.1 billion worth of  credits, while the volume of foreign currency credits amounted to the equivalent of AMD 165.7 billion.

Also, the undistributed accumulated profit of the Armenian banks in  2023 amounted to 176,7 billion drams against 238.3 billion drams in  2022.

The total assets of Armenian banks amounted to AMD 9.2 trillion against AMD 8.4 trillion in 2022.

Their total liabilities  reached AMD 7.8 trillion against AMD 7.1 trillion a year earlier.

Total capital of the banks grew to AMD 1.4 trillion vs. AMD 1.2 trillion in  2022. ($1 – AMD 404.21) -0-

spot_img

POPULAR

Central Bank is not observing capital outflow from Armenia amid regional uncertainty

The Central Bank of Armenia is not observing capital outflow from Armenia amid regional uncertainty, stated Deputy Chairman Hovhannes Khachatryan.

Net inflow of remittances to Armenia from abroad increased by approximately 3.2 times in the first quarter

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $458.2 million in January-March 2026, compared to $143.7 million in January-March 2025, according to a report from the Central Bank.

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

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of May 5, 2026, decreased by 0.34 points compared to April 30, to 370.44 drams.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (April 27 – May 3)

Last week, the focus in Armenia was on changes in bank taxation, the development of a new law on payment services, and the transformation of investment companies.

Armenia adopts internationally accepted approach to forming a neutral capital buffer – Central Bank Governor

Armenia has begun implementing a world-leading approach to forming a neutral capital buffer, announced Central Bank Governor Martin Galstyan.

LATEST NEWS

spot_imgspot_imgspot_img