Sun, 27 July
28.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Total volume of credit investments in banking sector of Armenia was increased by 1.4% up to 694 billion drams during November 2009

YEREVAN, January 11. /ARKA/. As of end of November 2009 total volume of credit investments of banking sector of Armenia was 694 billion drams which was increased by 1.4% or 9.6 billion drams compared with October 2009.

National Statistic Service of Armenia informed news agency “ARKA” that the volume of credits in foreign currency by the banks was 359.4 billion drams in as of end of November 2009 (increase by 0.2% or 606 million drams), credits in drams – 334.6 billion drams (increase by 2.8% or 9 billion drams).

As of November 2009 the volume of prolonged credits was reduced by 2.3 billion drams up to 17.2 billion drams compared with October 2009 and the volume of overdue credits was 8 billion drams reduced by 929 million drams. Thus, total volume of credits provided by the Armenian banks was about 719.2 billion drams which was increased by 0.9% or 6.4 billion drams. ($1 – 377.89 drams). –0—

spot_img

POPULAR

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Armenia and EIB sign financial agreement for Resilient Syunik Program worth €50 million

A financial agreement for the Armenia-Sustainable Syunik Program has been signed in Luxembourg by Armenian Minister of Finance Vahe Hovhannisyan and Vice President of the European Investment Bank (EIB) Teresa Czerwińska.

LATEST NEWS

spot_imgspot_imgspot_img