Non-performing loans as a share of bank loans reached 2.47% in second quarter of 2023 in Armenia, according to the National Central Bank. This is 9.04% more than in the previous quarter.
Historically, non-performing loans as a share of bank loans in Armenia reached an all time high of 10.2% in 2Q2009 and an all time low of 1.71% in 1Q2022.
Armenia has been ranked 69th within the group of 110 countries we follow in terms of non-performing loans as a share of bank loans.
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