Annual Report 2019
20%
18%
16%
14%
12%
10%
8%
6%
Figure 3:
2017 - IV
2018 - I
2018 - II
2018 - III
2018- IV
2019 - I
2019 - II
2019 - III
2019 - IV
Foreign currency loans
Local currency
loans
The interest rates of loans provided by the banking system
followed mostly a downward trend during the year.
Interest rate
of loans to
legal entities
20%
18%
16%
14%
12%
10%
8%
6%
2017 - IV
2018 - I
2018 - II
2018 - III
2018 - IV
Foreign currency loans
Local currency loans
Figure 4:
Interest rate
of loans to
individuals
2019 - I
2019 - II
2019 - III
2019 - IV
The capital adequacy and liquidity ratios that describe the
banking system stability continued running above the established
thresholds. Specifically, the total capital adequacy ratio amounted to
17.6% (minimum threshold: 12.0%). On the back of expanding loan
portfolio, the banking system liquidity persisted at the level almost
twice as high as minimum thresholds, pointing to the sufficient
liquidity in the banking system. As of the end of 2019, commercial
banks' total and current liquidity ratios were 27.1% and 111.7%
(minimum thresholds: 15.0% and 60.0%), respectively. The banking
system assets-to-GDP and economy lending-to-GDP ratios have
grown by 5.9 pp and 3.2 pp to 89.0% and 52.1%, respectively (see
Figure 5).
ANNUAL
REPORT 2019
35
COOPERATION WITH I
NTERNATIONAL ORGANIZATIONS
INSTITUTIONAL
DEVELOPMENT
OTHER OBJECTIVES OF
THE BANK
MAIN
CENTRAL BANK OF
OBJECTIVES
THE REPUBLIC OF ARMENIAView entire presentation