Non-performing loans as a share of bank loans reached 2.15% in 2023 in Armenia, according to the National Central Bank. This is 10.5% less than in the previous year.
Historically, non-performing loans as a share of bank loans in Armenia reached an all time high of 7.95% in 2015 and an all time low of 1.83% in 2021.
Armenia has been ranked 77th within the group of 118 countries we follow in terms of non-performing loans as a share of bank loans.
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