Loans issued by Armenian commercial banks exceeded 8.16 trillion drams at the end of March

YEREVAN, May 15. /ARKA/. The volume of loans issued by commercial banks in Armenia as of the end of March 2026 amounted to 8,163,745 million drams, compared to 8,035,184 million drams at the end of February, according to data from the Statistical Committee.

Loans issued to residents amounted to 7.82 trillion drams at the end of March, compared to 7.68 trillion drams at the end of February. Loans in drams to residents amounted to 5.30 trillion drams, compared to 5.23 trillion drams a month earlier, and loans in foreign currency amounted to 2.52 trillion drams, compared to 2.45 trillion drams. AMD.

The volume of loans issued by commercial banks to non-residents at the end of March amounted to 343.4 billion AMD, compared to 354.7 billion AMD in February. The volume of AMD loans to non-residents amounted to 68.7 billion AMD, compared to 67.7 billion AMD the previous month, and the volume of foreign currency loans amounted to 274.7 billion AMD, compared to 287 billion AMD.

The volume of loans issued by credit institutions at the end of the third month of this year amounted to 429.3 billion AMD, compared to 422.4 billion AMD at the end of February. Non-residents received 35.7 billion AMD in loans, compared to 35.9 billion AMD the previous month, and residents received 393.7 billion AMD, compared to 386.4 billion AMD.

In March, the commercial bank lending rate was 13.96%, down from 13.63% in February. The Central Bank’s repo rate was 6.50%, unchanged for the month. ($1 = 368.23 drams).

spot_img

POPULAR

Euro and ruble rose, while the dollar fell: Central Bank

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.43 points on July 31, 2026, compared to July 30, to 366.2 drams.

Changes in Byblos Bank Armenia’s Executive Management

Byblos Bank Armenia CJSC announces that the Bank’s Chief Executive Officer Hayk Stepanyan will conclude his tenure with the Bank effective August 1, 2026.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (July 27–31)

Armenia's financial agenda last week was determined by banking sector data, rating decisions, inflation and public debt forecasts, exchange rate dynamics, personnel changes at Byblos Bank Armenia, and expert assessments of the possible impact of restrictions on goods supplies to Russia.

Net inflow of remittances to Armenia from abroad increased approximately 2.3-fold in the first half of the year

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.38 billion in January-June 2026, compared to $587.6 million in January-June 2025, according to a report from the Central Bank of the Republic.

Central Bank: Armenia’s current public debt level is not a cause for concern

The current level of Armenia's public debt is not a cause for concern, stated Deputy Governor of the Central Bank of Armenia Hovhannes Khachatryan.

LATEST NEWS

spot_imgspot_imgspot_img