Armenian commercial banks provided 18.5 billion drams car loans as of November 30

YEREVAN, January 24. /ARKA/. Commercial banks of Armenia as of November 30, 2011 provided over 18.5 billion drams car loans which is by 2.3% less compared to the end of October, states the site of Armenian Central Bank.

In November, car loans were provided mainly in AMD – 96.8%. Thus, the volume of provided car loans in AMD at the end of November was 17.9 billion drams which is less the indicator of October by 2.2%.

At the same time, volume of consumer loans in the reporting period was over 206.6 billion drams, increased by 2.2% in November.

As of November 30, 2011 Armenia registered 21 commercial banks. ($1 – 387.96 drams). –0–

spot_img

POPULAR

Unibank to Raffle a Trip to Italy

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

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.

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.

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

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of July 16, 2026, fell by 0.6 points compared to July 15, reaching 366.57 drams.

Fitch Ratings affirmed Armenia’s rating at ‘BB-‘, maintaining a positive outlook

International rating agency Fitch Ratings has affirmed Armenia's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB-' with a Positive Outlook.

LATEST NEWS

spot_imgspot_imgspot_img