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Tag: CREDIT PORTFOLIO

Retail business’s credit portfolio of VTB Bank (Armenia) grew to 90 billion drams in 2017

Banks admin -
The retail business’s credit portfolio of the VTB Bank (Armenia) grew to 90 billion drams in 2017, Vladimir Verhoshinskyi, a member of the VTB Bank Management Board, said to a news conference today in Yerevan

Combined amount of credit portfolios of Armenian banks’ branches in NKR drops by 16.7%

Banks admin -
As of February 1, 2016 the combined amount of credit portfolios of Armenian banks’ branches in the Nagorno-Karabakh Republic (NKR) stood at 79.6 billion drams, a drop of 16.7% compared to the same period of 2015

Credit portfolio of Armenian banks’ branches in Nagorno-Karabakh grow by 17 percent to 88.4 billion drams

Banks admin -
The total credit portfolio of Armenian commercial banks’ branches in Nagorno-Karabakh stood at about 88.4 billion drams as of July 1, having increased by 17.3% year-on-year, NKR Statistical Service said. It said also the growth from the previous month was 0.4%

Credit portfolio of Armenian banks’ branches in Nagorno-Karabakh falls by 1.5 percent to 9.6 billion drams

Banks admin -
The credit portfolio of Armenian banks’ branches in Nagorno-Karabakh Republic (NKR) stood at 9.6 billion drams as of February 1, 2015, a 1.5% decrease from the year before, NKR National Statistical Service said. It said compared with the 2015 January

Credit portfolio of Bank Anelik in the first half years of 2011 increased by 5.7 billion drams vs. 1.6 billion in 2010

Banks admin -
Credit portfolio of Bank Anelik in the first half years of 2011 increased by 5.7 billion drams vs. 1.6 billion in 2010.

Areximbank-Gazprombank Group’s outstanding credit portfolio grows by 27% to 62.6 billion drams

Banks admin -
Areximbank-Gazprombank Group’s outstanding credit portfolio grows by 27% to 62.6 billion drams.

Conversebank’s outstanding credit portfolio grows by 7% to 45 billion drams

Banks admin -
The outstanding credit portfolio of Armenian Conversebank has grown by 7% this year to 45 billion Drams, the bank’s executive director Tigran Davtian told journalists today.

Ameriabank plans to increase its credit portfolio by $80 million this year

Banks admin -
Ameriabank plans to increase its credit portfolio by $80 million this year

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Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

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Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Armenia’s 1.5% inflation in December is the highest since April – WB

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Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Armenia’s refinancing rate back to August 2022 level – WB

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The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

Euro exchange rate plunges by 4.12 points to AMD 414.32

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The average market exchange rate of the US dollar to the Armenian dram on January 29, 2024, amounted to 398.27 drams, down 0.09 points compared to January 27.

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