Sat, 2 August
36.1 C
Yerevan
USD: 383.84 RUB: 4.70 EUR: 442.91 GEL: 141.90 GBP: 512.96

Net loan portfolio of Armenian banks in Q1 2025 increased by 32.4% to AMD 6.424 billion

YEREVAN, May 7. /ARKA/. The loan portfolio of the Armenian banking system, net of reserves, increased by 32.4% in the first quarter of 2025 compared to the same period last year, amounting to AMD 6.424 billion.

According to the ranking of the ARKA agency, as of the end of March this year, Ameriabank occupies the leading position in the banking system in terms of loan portfolio. The bank’s lending volume (net of reserves) amounted to AMD 1.323 billion (an increase of 32.8%).

Ardshinbank is in second place, with a net loan portfolio of AMD 1.230 billion (an increase of 19.4%). ACBA Bank is in third place with a net loan portfolio of 559.5 billion drams (growth – 16.8%).

The source for compiling the ranking of banks by loan portfolio is the ARKA agency bulletin “Banks of Armenia”, compiled on the basis of reports of Armenian banks published in accordance with international IFRS standards.

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

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

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.

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

LATEST NEWS

spot_imgspot_imgspot_img