Fx denominated loans as a share of bank loans reached 29.8% in 2022 in Armenia, according to the National Central Bank. This is 27.5% less than in the previous year.
Historically, FX denominated loans as a share of bank loans in Armenia reached an all time high of 66.0% in 2014 and an all time low of 29.8% in 2022.
Armenia has been ranked 35th within the group of 90 countries we follow in terms of FX denominated loans as a share of bank loans.
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