Wed, 3 December
-1.9 C
Yerevan
USD: 381.24 RUB: 4.90 EUR: 442.43 GEL: 141.15 GBP: 502.97

Armenia’s overall state debt rises to $12.5 bln in August

YEREVAN, October 7. /ARKA/. Armenia’s total state debt as of August 31, 2024 amounted to over $12.4 billion, having increased by $129.1 mln from the previous month, the National Statistical Committee said.

On December 31, 2023 the state debt stood at over $11.8 billion. In late August $6.3 billion was  the external debt growing  by $37.870 million from July while the domestic debt increased by $91.3 million to over $6,1 billion.

The government’s external debt increased by $30.326 mln to about $5.8 bln.  The debt of the Central Bank increased by $30.326 mln to about $520.230 mln.

In the structure of domestic debt, $5,591.816 mln (an increase of $91.669 mln) were owed to resident holders of state treasury bonds. The debt to holders of foreign currency government bonds amounted to $555.469 mln with a decline of $0.370 million and domestic guarantees of the government amounted to  $17.668 million. with a decrease of $0.069 mln -0-.

spot_img

POPULAR

Online Deposit via Byblos Mobile; No branch visit required

Byblos Bank Armenia offers customers the opportunity to open a high-yield online deposit through the Byblos Mobile application.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

LATEST NEWS

spot_imgspot_imgspot_img