Tue, 14 October
18.1 C
Yerevan
USD: 382.77 RUB: 4.77 EUR: 442.18 GEL: 141.31 GBP: 507.67

Armenian banks’ lending in late December 2023 stood at AMD 5,3 trillion

YEREVAN, February 8. /ARKA/. Armenian banks’ lending volume amounted to AMD 5.3 trillion at the end of December 2023 against AMD 5 trillion at the end of September, the National Statistical Committee said.

Both figures include extended and overdue loans, it said.

Loans issued in foreign currency amounted to AMD 1.88 trillion equivalent at the end of December 2023 against AMD 1.76 trillion in September, while loans in AMD amounted to AMD 3.43 trillion against AMD 3.29 trillion in September.

The volume of loans extended by banks to non-residents amounted to AMD 269.8 billion against AMD 260.3 billion in September, while the volume of loans to residents amounted to AMD 4.88 trillion against AMD 4.59 trillion in September.

The volume of loans to residents in AMD amounted to AMD 3.21 trillion in December against AMD 3.02 trillion in September, while the volume of loans in foreign currency amounted to the equivalent of AMD 1.67 trillion against AMD 1.57 trillion in September.

The volume of loans issued by credit organizations at the end of December amounted to 320 billion drams against 295.5 billion in September.

Loans to non-residents amounted to AMD 11.5 billion against AMD 16.2 billion in September, while the volume of loans to residents amounted to AMD 279.3 billion against AMD 280.1 billion in August.Loans to residents in AMD amounted to AMD 308.4 billion vs. AMD 279.3 billion in September, and loans in foreign currency amounted to the equivalent of AMD 85.7 billion vs. AMD 67.7 billion in September. ($1 – AMD 404.47) -0-.

spot_img

POPULAR

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Ranking of the most profitable banks in Armenia based on results of second quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the second quarter of 2025.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

“We want the word ‘investor’ in Armenia to mean normality, not elitism” – Freedom Broker Armenia

ARKA news agency spoke with Freedom Broker Armenia Director Ovak Ovakimian about the transformation of investment thinking, company strategy and trust as an economic value.

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

LATEST NEWS

spot_imgspot_imgspot_img