Consumer loans as a share of bank loans reached 37.0% in 2020 in Armenia, according to the National Central Bank. This is 27.0% less than in the previous year.
Historically, consumer loans as a share of bank loans in Armenia reached an all time high of 52.8% in 2018 and an all time low of 30.7% in 2016.
Armenia has been ranked 11th within the group of 36 countries we follow in terms of consumer loans as a share of bank loans.
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