YEREVAN, April 25. /ARKA/. In February 2025, deposits in Armenian commercial banks grew by 1% (MoM), while loans decreased by 0.1% (MoM), in both cases the changes were due to funds denominated in drams. This is stated in the World Bank’s review “Armenia Monthly Economic Update – April 2024”.
The study notes that exchange rate-adjusted deposits grew by 14% (YoY) in February, while loans grew by 26.2% (YoY).
“Financial indicators remained stable, with the capital adequacy ratio (CAR) amounting to 20%. The non-performing loans (NPL) ratio rose to 1.5% in March from 1.2% in January. The return on assets fell to 2.9% from 4.3% in February,” the report says.
According to the Central Bank of Armenia, the volume of deposits in commercial banks of the republic as of February of this year amounted to 6.4 trillion drams against 6.3 trillion drams in January of the same year. The volume of deposits in February amounted to 6.53 trillion drams against 6.54 trillion drams in January. ($1 – 389.56 drams)
