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

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

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

LATEST NEWS

spot_imgspot_imgspot_img