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#ARMENIAN BANKS

Business

Armenian banks’ lending increased last year by 15% to 2.4 trillion drams

Armenian banks’ lending increased last year by 15% or 316.5 billion drams ($650 million) from 2015 to 2.4 trillion drams, according to Armenia’s Central Bank.

03.02.2017, 16:20

Business

Armenian banks’ investments in securities grow by 41 percent to 374.6 billion drams

Armenia-based commercial banks’ investments in securities in the first 9 months of 2016 grew by 41% from the beginning of the year to 374.6 billion drams, according to ARKA news agency’s financial and economic bulletin "Banks of Armenia" (Armenian Banks’ Performance for the Third Quarter 2016).

11.11.2016, 18:29

Business

Over 150 million euros invested in Armenia’s financial sector in 12 months, central bank chairman

Over 150 million euros have been invested in Armenia’s financial sector in 2015 and early 2016, the chairman of the Central Bank Arthur Javadyan said on Thursday.According to him, there are no small and sick banks in the country and the consolidation of some banks is already showing positive results.

22.01.2016, 10:16

Economy

Overdue loans in Armenian banks surged by 9.5% in 2015 November to almost 35 billion drams

Overdue loans in Armenian commercial banks in November 2015 surged by 9.5% from the previous month to 34.8 billion drams, according to numbers, released today by the National Statistical Service (NSS).

12.01.2016, 12:06