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

Armenia to increase participant limit for private investment funds from 49 to 99

The National Assembly of Armenia adopted an amendment to the law "On Investment Funds" in its first reading at its session on Thursday.

Core inflation in Armenia rose to 5% and continues its upward trend – WB

Core inflation in Armenia rose to 5% (y/y) in May, exceeding the headline inflation rate and continuing its upward trend, according to the World Bank's "Armenia Monthly Economic Update – June 2026."

Armenian authorities plan to reduce public debt to below 45% of GDP in the coming years: minister

Armenia plans to reduce public debt to below 45% of GDP in the coming years, Finance Minister Vahe Hovhannisyan announced in parliament.

”Do not trust your eyes’’: IDBank warns about fraud using deepfakes

A new, extremely dangerous type of fraud has spread in Armenia, in which fraudsters use artificial intelligence to copy the appearance and voice of your relatives, friends, or colleagues.

Central Bank of Armenia’s updated strategy does not include gold in its reserves: Galstyan

The Central Bank of Armenia has reviewed its approach to managing international reserves and decided not to include gold in them, stated Central Bank Chairman Martin Galstyan.

LATEST NEWS

spot_imgspot_imgspot_img