Volumes of consumer crediting by the banks of Armenia increased in august by 2.4% to 191.2 billion drams

YEREVAN. September 28. /ARKA/. Volumes of crediting of consumers by the banks of Armenia increased in August by 2.4% to 191.2 billion drams, states the official site of the Central Bank of Armenia.

According to the report, the share of consumer crediting in the total volume of credit investments of commercial banks of Armenia in August was 17.8% which remained unchanged compared to the indicator in July 2011.

Credits in foreign currency in the total volume of consumer credits were about 24.6 billion drams, and dram credits – 166.7 billion drams.

Total volume of credit investments of commercial banks of Armenia in August were 1 075.1 billion drams, of which 60.2% were foreign currency credits. ($1-370.75 drams). -0-

spot_img

POPULAR

Euro continued to rise against the Armenian dram, while dollar and ruble weakened again: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of March 18, 2026, fell by 0.07 points compared to March 17, to 377.39 drams.

Cryptoasset regulation in Armenia is quite conservative, and the market lacks a unified goal – Eleveight AI co-founder

Cryptoasset regulation in Armenia can be characterized as quite conservative, and some market participants believe this could hinder the industry's development, noted Arman Aleksanyan, co-founder and CEO of Eleveight AI.

Tokenization could change the investment philosophy in Armenia – expert

Tokenization is a serious mechanism that could change the investment philosophy in Armenia, noted Felix Vartanov, CEO and shareholder of the investment and holding company BlackRiver Capital (Dubai).

Accelerating inflation in Armenia in January and February driven by food price dynamics – EDB review

In January and February 2026, inflation in Armenia amounted to 3.8% y/y and 4.3% y/y, respectively, according to the EDB's March review.

Euro rose against the Armenian dram, while the dollar and ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on March 16, 2026, fell by 0.13 points compared to March 13, to 377.41 drams.

LATEST NEWS

spot_imgspot_imgspot_img