Fx denominated loans as a share of bank loans reached 29.0% in second quarter of 2023 in Armenia, according to the National Central Bank. This is 2.46% less than in the previous quarter.
Historically, FX denominated loans as a share of bank loans in Armenia reached an all time high of 71.4% in 1Q2005 and an all time low of 29.0% in 2Q2023.
Armenia has been ranked 35th within the group of 93 countries we follow in terms of FX denominated loans as a share of bank loans.
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