Loans issued by Armenian commercial banks at the end of September almost reached 7.5 trillion drams

YEREVAN, November 7. /ARKA/. As of the end of September 2025, Armenian commercial banks issued loans totaling 7,497,746 million drams, an increase from 7,362,263 million drams at the end of August, according to the Statistical Committee’s data.

At the end of September, loans to residents reached 7.19 trillion drams, up from 7.04 trillion drams at the end of August. The total amount of dram-denominated loans to residents was 4.86 trillion drams (compared to 4.77 trillion drams the previous month), while foreign currency loans amounted to 2.32 trillion drams (2.27 trillion drams).

The total loans issued by commercial banks to non-residents at the end of September were AMD 244.4 billion, an increase from AMD 231.5 billion in August. The amount of AMD loans to non-residents was AMD 62.3 billion (up from AMD 57.6 billion the previous month), while foreign currency loans totaled AMD 182 billion (compared to AMD 174 billion).

By the end of September, the total volume of loans issued by credit institutions was AMD 403.4 billion, compared to AMD 396.7 billion at the end of August. Non-residents received loans totaling AMD 45.4 billion, an increase from AMD 43 billion the previous month, while residents received AMD 358 billion, compared to AMD 353.7 billion.

In September, the lending rate for commercial banks was 13.69%, down from 14.18% in August. The Central Bank’s repo rate remained unchanged at 6.75% for the month. ($1 = 382.48 drams).-0-

spot_img

POPULAR

Martin Galstyan re-elected as Governor of the Central Bank of Armenia

Martin Galstyan was re-elected as Governor of the Central Bank of Armenia on Tuesday in a closed, secret ballot vote in the National Assembly.

Armenia’s loan portfolio has grown by approximately 20% annually for the past three years: Central Bank Governor

Armenia's loan portfolio has grown by approximately 20% annually for the past three years, Central Bank Governor Martin Galstyan announced at a parliamentary session on Tuesday.

Armenia Needs New Projects to Be Financed by Banks and Pension Funds: Central Bank Governor

Armenia needs high-quality projects that could be financed by banks and pension funds, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

Euro to Armenian dram exchange rate jumped 3.22 points, while the dollar and ruble remained unchanged: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of May 6, 2026, decreased by 0.44 points compared to May 5, to 370 drams.

Net inflow of remittances to Armenia from abroad increased by approximately 3.2 times in the first quarter

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $458.2 million in January-March 2026, compared to $143.7 million in January-March 2025, according to a report from the Central Bank.

LATEST NEWS

spot_imgspot_imgspot_img