Armenian bank assets grew by 8.1% in the first half of the year, reaching 13.8 trillion drams — Union of Banks of Armenia

YEREVAN, August 4. /ARKA/. The total assets of Armenian banks as of June 30, 2026, amounted to 13.8 trillion drams, an increase of 8.1% since the beginning of the year, announced Daniel Azatyan, Chairman of the Union of Banks of Armenia.

Presenting the key indicators of the banking sector at a press conference on Tuesday, he reported that the banks’ loan portfolio reached 8.8 trillion drams, an increase of 11.5% in the first half of the year.

Banking system capital amounted to 2.2 trillion drams, an increase of 3.6%, and deposits reached 8.1 trillion drams, an increase of 8.2%.

According to Azatyan, the banking sector’s key indicators have demonstrated steady growth over the past ten years.

Armenia’s banking system’s profit for the first half of 2026 amounted to 214 billion drams, an increase of 6.8% compared to the same period in 2025. ($1 = 367.01 drams)

spot_img

POPULAR

AMX held government bond placement and exchange auctions totaling approximately 38 billion drams

Yesterday, the Armenia Securities Exchange held a government bond placement auction totaling 35 billion drams and exchange auctions totaling over 2.9 billion drams.

Armenia calls on Visa to reduce fees for cashless payments through POS terminals

RA Deputy Prime Minister Mher Grigoryan called on the international payment system Visa to discuss the possibility of reducing fees charged for cashless payments through POS terminals in Armenia.

Deposits in Armenian commercial banks at the end of July amounted to approximately 8.3 trillion drams

Deposits in commercial banks in Armenia at the end of July 2026 amounted to 8,289,634 million drams, compared to 8,070,715 million drams in June. This is according to data from the Statistical Committee of the Republic.

Euro and ruble exchange rates against the Armenian dram rose, while the dollar continued to decline: Central Bank

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.06 points on September 9, 2026, compared to September 8, to 363.58 drams.

Central Bank of Armenia has identified a key principle for regulating crypto assets based on risks

The Central Bank of Armenia adheres to the "same risk, same regulation" principle when regulating digital and virtual assets, Central Bank Deputy Chairman Hovhannes Khachatryan stated on Friday at the 4Future Banking forum in Yerevan.

LATEST NEWS

spot_imgspot_imgspot_img