Mon, 12 January
-3.9 C
Yerevan
USD: 381.21 RUB: 4.81 EUR: 443.92 GEL: 141.50 GBP: 511.13

The share of trade crediting in December in Armenia was 23% – over 275.7 billion drams

YEREVAN, February 8. /ARKA/. The share of loans provided by commercial banks of Armenia in December 2011 was 23% of all the provided loans to the residents (by economy branches), the site of CBA informs.
 
Volume of trade crediting in the reporting period compared to December 2010 increased by 1.2% and as of December 31 was over 275.7 billion drams.
 
According to the press-release, industry sphere is in the second place by crediting – 22.4% of total volume of provided loans, or over 268 6 billion drams.
 
Then come consumer credits with the share of 18.1% – about 217 4 billion drams, mortgage loans with the share of 9.2% – 110.3 billion drams, construction – 8.2% or over 98.2 billion drams, agriculture – 6.1% or 73.4 billion drams. In the last place is transport sector with the share of 3.5% or over 42.5 billion drams.  ($1 – 388.37 drams). –0–

spot_img

POPULAR

Armenian banks tighten checks on Russian transactions

Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Procedure and conditions for providing cashback on transactions with ArCa cards

Starting January 1, Armenia introduced a 2% cashback system for non-cash payments made with ArCa payment system cards.

Net inflow of remittances to Armenia from abroad increased by 17.9% in the first 11 months of 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.32 billion in January-November 2025, compared to $1.12 billion in January-November 2024, according to a report from the Central Bank.

LATEST NEWS

spot_imgspot_imgspot_img