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FX Denominated Bank Loans (Local Currency) in Armenia

Source: IMF
Last Updated: January 27, 2022

Fx denominated bank loans reached AMD 1,797 bil in third quarter of 2021 in Armenia, according to the National Central Bank. This is 7.69% less than in the previous quarter.

Historically, FX denominated bank loans in Armenia reached an all time high of AMD 2,076 bil in 4Q2020 and an all time low of AMD 243 bil in 4Q2008.

Armenia has been ranked 12th within the group of 44 countries we follow in terms of FX denominated bank loans.

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