Mon, 12 May
15.1 C
Yerevan
USD: 389.25 RUB: 4.73 EUR: 439.39 GEL: 141.96 GBP: 516.22
spot_img

Consumer’s credits of the banks in the Armenian economy increased by 0.7%

YEREVAN, July 9. /ARKA/. Consumer’s credits of commercial banks in resident economy of Armenia was increased by 0.7% at the end of May compared with April making 145.3 billion drams, states monthly manual of Armenian CB as of May 2010 placed in the official website of CB.

The largest share in total credit investments of the banks is in trade sphere – 21.8%. The banks allocated about 161.6 billion drams for this sphere (increase of 1.9% is registered compared with the indicator of the last month).

Consumers’ credits occupy the second place with the share of 19.6%.

Industry is in the third place with the share of 18.8%. Its crediting was increased by 2% compared with the previous month making 139.3 billion drams. Mortgage loans of the banks in resident economy made about 83.5 billion drams reduced by 0.3% compared with April.

In the reporting period the banks allocated 59.4 billion drams in the sphere of construction (decline of 0.3% compared with the previous month). Crediting of agriculture was 47.6 billion drams at the end of May reduced 0.5%, services – about 35.3 billion drams (increase of 1.1%) and transport and communications – 20.7 billion drams (increase by 3.2%).  ($1 – 368.89 drams). —0–

spot_img

POPULAR

US dollar exchange rate unchanged, euro and ruble rise

The average market exchange rate of the U.S. dollar to the Armenian dram on March 7, 2025, remained at 394.58 drams, unchanged compared to March 6.

OVIO Data Center Receives PCI DSS Compliance Certificate

OVIO Data Center has received the Payment Card Industry Data Security Standard (PCI DSS) v4.0.1 compliance certificate for both cloud and colocation services.

Concept of a private investment fund in Armenia discussed by Minister of Economy with Nubar Afeyan

The concept of creating a private investment fund in Armenia within the framework of effective public-private partnership was discussed by Armenian Minister of Economy Gevorg Papoyan and American businessman Nubar Afeyan.

Armenia’s stock market capitalization grew by 35.6% to AMD 439.3 billion in 2024 – AMX report

The capitalization of the Armenian stock market grew by 35.6% to AMD 439.3 billion in 2024, according to the annual report of the Armenia Stock Exchange (AMX).

Draft law on crypto assets to be submitted to Armenian parliament in coming weeks – Deputy Chairman of Central Bank

The draft law on crypto assets, developed by the Central Bank of Armenia in the context of European norms, will be submitted to the Armenian parliament in the coming weeks, said Deputy Chairman of the Central Bank Armen Nurbekyan.

LATEST NEWS

spot_imgspot_imgspot_img