3 minute read
The loan portfolio of Armenian banks in 2025 amounted to approximately AMD 7.9 trillion, with consumer loans accounting for the largest share at 23.2%, the President of the Union of Banks of Armenia, Daniel Azatyan, announced at a press briefing summarizing last year’s performance.
As of December 31, 2025, the total loan portfolio of Armenian banks stood at AMD 7 trillion 870 billion, he said.
Consumer loans represented the largest portion, accounting for 23.2% of the total, or AMD 1 trillion 907 billion 520 million. The second largest category was mortgage loans, at 21.3% or AMD 1 trillion 665 billion 545 million.
Following these were construction loans at AMD 859 billion 952 million; loans for the services and other sectors at AMD 836 billion 816 million; trade sector loans at AMD 732 billion 649 million; industrial loans at AMD 728 billion 301 million; and agricultural loans at AMD 404 billion 505 million. Loans to all other sectors combined made up 9.9% of the total.
On a year-on-year basis (compared to 2024), the fastest growth in lending was in the construction sector, which increased by 30.2%. Consumer loans rose by 29.6%, loans for the services and other sectors by 28.4%, industrial loans by 25.2%, agricultural loans by 17.6%, trade loans by 16.1%, and mortgage loans by 13.2%.
Loans to individuals decreased by 2% compared to the previous year, making up 44% of the portfolio, while lending to legal entities increased by 25%, accounting for 56%.
According Azatyan, the total assets of the Armenian banking system reached AMD 12 trillion 830 billion at the end of 2025, increasing by about AMD 1.8 trillion, or 16.6%. Loan investments grew by nearly AMD 1.5 trillion, or 23%, reaching AMD 7.9 trillion.
The total capital of Armenian banks increased by around AMD 400 billion, or 22.4%, totaling approximately AMD 2 trillion 175 billion. Deposits rose by about AMD 1 trillion, or 15.5%, reaching a total of AMD 7.5 trillion. Overall liabilities increased by AMD 1.4 trillion.
Daniel Azatyan noted that over the past 2–3 years, the growth rates of these key indicators have accelerated.