YEREVAN, May 19. /ARKA/. Armenian banks' overall lending stood at 4.14 trillion drams in late March 2021, Executive Director of the Union of Banks of Armenia (UBA) Seyran Sargsyan said at a press conference on Wednesday.

According to him, in the first quarter the lending decreased by 1.5% or 64 billion drams and increased by 6.9% or 265 billion drams when compared to the first quarter of 2020.

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Armenian banks have already forgiven 2.5 billion drams worth loan debts, chairman of the Central Bank Martin Galstyan said on Tuesday, speaking at a meeting of the parliamentary committee on financial and budget issues

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The share of “bad” assets of Armenia-based banks is currently 7.1%, said the chairman of the Central Bank Martin Galstyan

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Armenian banks and credit organizations have written off about 3 billion drams of loan obligations of families of soldiers, who were killed or wounded during the war in Nagorno-Karabakh, Labor and Social Affairs Minister Mesrop Arakelyan said at a press briefing today

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Armenian commercial banks have forgiven the families and relatives of those wounded and killed during the war in Artsakh 2 billion drams worth loans, central bank chairman Martin Galstyan said on Tuesday

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Tags: Armenia, Banks, LOANS

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Lending volumes have grown in Armenia in early 2021, Chairman of the Central Bank of Armenia Martin Galstyan said on Tuesday

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The heads of Armenian commercial banks compiled a list of ‘motivating’ books that was unveiled today, marked in Armenia as the Book Donation Day, the Union of Banks of Armenia said

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The Armenian parliament passed Thursday in the first reading a bill that raises the amount of fines that may be imposed on commercial banks for violating consumer rights. The bill was endorsed by a vote of 93 to one and 19 abstentions

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Tags: Armenia, Banks, PARLIAMENT

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Armenian banks have sufficient capital to resist potential risks and there is nothing that could jeopardize the country’s financial stability, the chairman of the Central Bank Martin Galstyan told reporters on Tuesday

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The list of Armenia’s largest 1000 corporate taxpayers in 2020 includes all 17 commercial banks operating in the country, which paid more than 49.088 billion drams in various taxes, according to the State Revenue Committee (SRC)

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Tags: Armenia, Banks, TAXES

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