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

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (August 17–23)

Key developments in Armenia's financial market this week included new banking compliance requirements, measures against account fraud, and decisions related to capital market development.

The investment portfolio of Armenian banks in the second quarter amounted to 1.93 trillion drams, a decline of 9.5% year-to-date

The total investment portfolio of commercial banks in Armenia at the end of June 2026 amounted to 1,933,341,220 thousand drams, a decrease of 202.38 billion drams, or 9.48%, year-to-date.

A unique greenhouse complex opened in Armenia

A unique greenhouse complex for tomato cultivation, equipped with artificial intelligence, robotics, and the latest technologies, has officially opened in the village of Nor Yedesia in the Aragatsotn region, according to the press service of Acba Bank.

Armenia’s public debt will remain stable at just above 40% in the medium term – S&P

Armenia's public debt (excluding liquid assets) will remain broadly stable at just above 40% of GDP in the medium term, according to a report from the international rating agency S&P Global Ratings.

Armenian banks’ investments in securities in the second quarter amounted to 1.92 trillion drams

The total volume of investments by Armenian commercial banks in securities as of the end of June 2026 amounted to 1,922,826,829 thousand drams.

LATEST NEWS

spot_imgspot_imgspot_img