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Tag: non-performing

Share of non-performing loans of Armenian banks grows to 7%

Banks admin -
The share of non-performing loans of Armenian banks reached 7% in April 2021, the chairman of the Central Bank Martin Galstyan told reporters on Thursday

Share of non-performing assets at Armenia’s commercial banks 3.94% in Dec 2013

Banks admin -
The share of non-performing written-off assets of Armenian residents at Armenia’s banks was 3.94% in December 2013 - 1.36% less than in November, the Central Bank of Armenia says in its monthly bulletin

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US dollar rate down 0.35 points to 397.92 drams

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The average market exchange rate of the US dollar to the Armenian dram as of January 30, 2024, was 397.92 drams, down 0.35 points compared to January 29.

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.

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