Fri, 31 January
-7.9 C
Yerevan
USD: 397.92 RUB: 4.07 EUR: 413.72 GEL: 138.41 GBP: 494.50
spot_img

Percent rates of long-term credits for physical entities reduced by 0.45 p.p. in May

YEREVAN, June 20. /ARKA/. Average percent rates of long-term credits (over 1 year) for physical entities reduced by 0.45 p.p. in May compared with April, states the official site of CBA.

Dram credits reduced by 0.4 p.p. and foreign currency credits – by 0.5 p.p. making in average 17.7% and 15.6% respectively.

Percent rates of mortgage loans in drams and in foreign currency reduced by 0.1 p.p.

Average percent rates for legal entities in drams reduced by 0.3 p.p. and foreign currency credits – by 0.1 p.p. making in average 14% and 11.4% respectively. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Fitch Affirms Armenia at ‘BB-‘; Outlook Stable

Fitch Ratings has affirmed Armenia's Long-Term (LT) Foreign-Currency (FC) Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook.

Armenian banks’ net loan portfolio grew by 24․6% in 2024 to 6 trillion 270 billion drams

The total loan portfolio of the Armenian banks net of reserves grew by 24.6% or AMD 1trillion 239 bln drams in 2024 to AMD 6 trillion 270 bln drams.

Fitch: Armenia plans to issue Eurobonds in the first quarter of 2025

Armenian authorities are planning to issue Eurobonds in the first quarter of 2025 to repay a $313 million Eurobond maturing in March 2025, Fitch Ratings said in a report.

Profit of Armenia’s banking system in 2024 increased by 60.9% to 363.1 bln. AMD

The net profit of 17 Armenia-based commercial banks in 2024 amounted to over 363.1 billion drams, growing by 60.9% compared to 2023, according to reports of the banks published in accordance with international financial reporting standards.

LATEST NEWS

spot_imgspot_imgspot_img