Corporate loans reached 2.91 USD bil in 2017 in Armenia, according to the National Central Bank. This is 16.3 % more than in the previous year.
Historically, corporate loans in Armenia reached an all time high of 2.91 USD bil in 2017 and an all time low of 0.093 USD bil in 2001. When compared to Armenia's main peers, corporate loans in Georgia amounted to 4.21 USD bil and 393 USD bil in Turkey in 2017.
Armenia has been ranked 56th within the group of 75 countries we follow in terms of corporate loans, 1 places behind the position seen 10 years ago.
Corporate loans are loans made to businesses for a specific business purpose.