Volume of crediting of resident-companies by Armenian banks in July increased by 0.6% to 632.4 billion drams

YEREVAN, September 16. /ARKA/. Volume of credits provided by commercial banks of Armenia to resident-companies, in July 2011 increased by 0.6% compared to June 2011 making about 632.4 billion drams, states the report of Central Bank of Armenia “Summarization of monetary-credit indicators for July 2011”.

Volume of drams credits provided to the companies increased by 0.8% making about 150.8 billion drams and credits in foreign currency increased by 0.6% making 481.7 billion drams.

Volume of dram credits to private entrepreneurs increased by 0.9% in July to over 148 billion drams compared to June and in foreign currency – by 0.2% to over 463.9 billion drams.

Credits provided to state companies in drams reduced by 4% making 2.7 billion drams and in foreign currency – 11.7% making 17.8 billion drams. ($1 – 374.94 drams). -0-

spot_img

POPULAR

A banking STOP button has been launched in Armenia: the Central Bank has explained which transactions can be blocked

Since July 1, 2026, financial institutions in Armenia providing remote services have implemented the "STOP" mechanism, allowing customers to independently restrict individual transactions or completely block remote financial services.

”Araks” poultry farm produces 10 tons of poultry meat and 400 thousand eggs daily, its partner is Acba Leasing

For about 30 years, the Araks poultry farm has been providing the Armenian market with fresh poultry meat and eggs every day.

A young couple created a “honey planet” in Garni

Three years ago, young spouses Narek Sargsyan and Ruzanna Danielyan created their own "honey planet" in Garni—Bee Planet.

Strong banks’ capital and liquidity positions mitigate risks to Armenia’s financial stability – Fitch

Risks to financial stability in Armenia are mitigated by banks' strong capital and liquidity positions, according to the international ratings agency Fitch Ratings.

Unibank to Raffle a Trip to Italy

Unibank announces the launch of a special campaign, "More Opportunities with Unibank Mastercard World Travel Card."

LATEST NEWS

spot_imgspot_imgspot_img