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 106 countries we follow in terms of nominal bank loans growth.
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