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Bank Loans Growth (Nominal) in Armenia

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Last Updated: Jun 1, 2022

Nominal bank loans growth reached 14.4% in 2020 in Armenia, according to the National Central Bank. This is 15.0% less than in the previous year.

Historically, nominal bank loans growth in Armenia reached an all time high of 75.0% in 2007 and an all time low of -17.6% in 2001.

Armenia has been ranked 17th within the group of 104 countries we follow in terms of interest rate on nominal bank loans growth.

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