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

Armenia to Receive €170.3 Million IBRD Loan for Economic Transformation

On Wednesday, the Armenian government approved a proposal to sign a €170.3 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity).

Unisport Crowned Armenian Futsal Premier League Champion

Unisport has been crowned champion of the Armenian Futsal Premier League

AMX’s key goal is integration into international capital markets – CEO

One of the key goals of the Armenia Securities Exchange (AMX) is the integration of the Armenian capital market into international markets, stated AMX CEO Hayk Yeganyan.

Euro and dollar exchange rates against the Armenian dram rose, while the ruble weakened slightly: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of May 29, 2026, increased by 0.13 points compared to May 27, reaching 368.18 drams.

Unibank will not increase fixed-adjustable interest rates on loans secured by real estate

Unibank has decided to keep unchanged the fixed-adjustable interest rates on consumer and mortgage loans secured by real estate, which were scheduled to increase starting from May 2026.

LATEST NEWS

spot_imgspot_imgspot_img