Sat, 7 February
0.1 C
Yerevan
USD: 377.70 RUB: 4.91 EUR: 445.38 GEL: 140.39 GBP: 512.84

Armenian banks’ net loan portfolio grew by 24․6% in 2024 to 6 trillion 270 billion drams

YEREVAN, January 27. /ARKA/. The total loan portfolio of the Armenian banks net of reserves grew by 24.6% or AMD 1trillion 239 bln drams in 2024 to AMD 6 trillion 270 bln drams.

According to ARKA news agency ranking, Ameriabank was the leader in the banking system in terms of loan portfolio size. The bank’s lending volume (net of reserves) totaled AMD 1 trillion 310 bln (33% growth).

The second position was held by Ardshinbank, whose net loan portfolio stood at AMD 1 trillion 124 bln (67.3% growth).

In the third position was ACBA Bank with a net loan portfolio of 629.3 billion drams (16.8% growth).

The ranking of the banks by loan portfolio is compiled based on ARKA news agency’s bulletin “Banks of Armenia”, prepared on the basis of Armenian banks’ reports published in accordance with  IFRS.

To purchase this bulletin and other information products of the ARKA news agency, please contact the Marketing Department (e-mail: [email protected]). -0-

spot_img

POPULAR

Maldives trips and Apple devices awarded to loyal Byblos Bank Armenia customers

On January 30, the “Your Turn to Win” campaign organized for Byblos Bank Armenia Mastercard cardholders concluded.

Central Bank of Armenia reduces maximum commission rates for cashless payments

Last week, the Central Bank of Armenia decided to reduce the fees banks charge businesses for cashless payments, Central Bank Governor Martin Galstyan announced.

Euro, dollar, and ruble drop against Armenian dram

As of February 3, 2026, the average exchange rate of the US dollar against the Armenian dram in the Armenian foreign exchange market has risen by 0.59 points from February 2, now standing at 378.44 drams.

Net inflow of money transfers to Armenia from abroad increased by 8.6% in 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.64 billion in January-December 2025, compared to $1.51 billion in January-December 2024, according to a report from the Central Bank.

Market capitalization increased by 6.96% in January, exceeding 473 billion drams – Armenia Stock Exchange

Armenia Stock Exchange (AMX) has summarized the trading activity for January 2026. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

LATEST NEWS

spot_imgspot_imgspot_img