Mon, 17 November
9.1 C
Yerevan
USD: 382.12 RUB: 4.73 EUR: 443.79 GEL: 141.24 GBP: 502.18

Credit volumes of residents of Armenia increased by 2.3% in April exceeding 1 trillion drams

YEREVAN, June 13. / ARKA /.Armenian commercial banks’ lending to the residents increased by 2.3% making over 1 trillion drams in April 2011 compared with March and to non-residents – reduced by 0.6% making 58.4 billion drams, states the report of CBA “Summary of monetary-credit indictors for April 2011”.

The credit lendings provided to the residents by drams increased by 2.3% exceeding 416.5 billion drams in April. The same indicator in foreign currency increased by 3.3% making 592.5 billion drams.

Credit lendings provided to non-residents reduced by 0.1% in April making 10.6 billion drams. The same indicator in foreign currency reduced by 0.7% to 47.7 billion drams. ($1 – 376.63 drams). –0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

Investor of the new era: how the capital management culture is changing in Armenia

Interest in investments in Armenia is growing, but it is too early to talk about an established capital management culture.

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

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

LATEST NEWS

spot_imgspot_imgspot_img