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Armenian banks’ net loan portfolio grew by 24․6% in 2024 to 6 trillion 270 billion drams

YEREVAN, January 27. /ARKA/. The total loan portfolio of the Armenian banks net of reserves grew by 24.6% or AMD 1trillion 239 bln drams in 2024 to AMD 6 trillion 270 bln drams.

According to ARKA news agency ranking, Ameriabank was the leader in the banking system in terms of loan portfolio size. The bank’s lending volume (net of reserves) totaled AMD 1 trillion 310 bln (33% growth).

The second position was held by Ardshinbank, whose net loan portfolio stood at AMD 1 trillion 124 bln (67.3% growth).

In the third position was ACBA Bank with a net loan portfolio of 629.3 billion drams (16.8% growth).

The ranking of the banks by loan portfolio is compiled based on ARKA news agency’s bulletin “Banks of Armenia”, prepared on the basis of Armenian banks’ reports published in accordance with  IFRS.

To purchase this bulletin and other information products of the ARKA news agency, please contact the Marketing Department (e-mail: sales@arka.am). -0-

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