Mon, 17 February
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Yerevan
USD: 396.51 RUB: 4.36 EUR: 414.95 GEL: 140.05 GBP: 498.65
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Lending to resident customers increased by 3.3% in December 2011 to 1.2 trillion drams

YEREVAN, January 31. /ARKA/. The volume of loans provided by Armenian commercial banks to resident customers in December 2011 increased by 3.3% from November to a total of 1.226.6 trillion drams, the Central Bank of Armenia said in a statement posted on its official website. It said the volume of lending to non-residents fell by 9.1% to about 44.4 billion drams.

The lending to residents in drams was said to have increased by 2.4% to 483.7 billion drams, while loans in foreign currency increased by 3.9% to about 742.9 billion drams. Loans in Armenian dram to non-residents decreased by 0.3% to 11.35 billion drams and loans in foreign currency declined by 11.8% to 33 billion Drams. ($1 – 386.77 AMD). -0-

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Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

‘Bad’ loan assistance program launched in Armenia: 1000 applications already submitted

A scheme designed by the Armenian government to support citizens with bad loans started  on February 1 with 1000 beneficiaries having already submitted online applications,  Deputy Minister of Labor and Social Affairs David Khachatryan said today.

Share of problem loans in Armenia has decreased to 1.2% – EFSD report

The quality of the loan portfolio of Armenian banks has improved due to a decrease in the share of problem debt from 2.4% to 1.2%, according to the regional economic review of the Eurasian Fund for Stabilization and Development (EFSD) “Winter 2024–2025.”

Euro jumps 1.96 points to AMD 414.95

The average market exchange rate of the U.S. dollar to the Armenian dram on February 14, 2025, totaled 396.51 drams, having risen by 0.09 points compared to February 13.

Viva Armenia Issues its First Bonds Worth $80 Million

Viva Armenia CJSC announces the issuance of nominal, coupon paying bonds. The company has issued dollar-denominated bonds with a total face value of $80 million. The underwriter for these bonds is Ameriabank.

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