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Average rate on AMD loans increase by 0.7% to 17.6%

YEREVAN, February 21. /ARKA/. The average interest rate on loans in Armenian drams in January this year increased by 0.7 percentage point from 2011 January to 17.6%, the Central Bank of Armenia said in a statement on its official website.

It said the average rate on loans in foreign currency dropped by 1.2 percentage point from a year earlier to 13.6%. The average rate on loans for legal entities decreased by 0.2 percentage points to 12.4% at the end of January, 2012. According to the statement, the average interest rate on loans to individuals increased by 0.1 percentage points to 18.8%. ($1 -388.99 drams).-0-

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Euro exchange rate down 1 point, while US dollar and ruble up

The average market exchange rate of the U.S. dollar to the Armenian dram on April 25, 2025, rose by 0.77 points compared to April 23 and amounted to AMD 390.33.

Armenia may access $25 mln from the IMF under the SBA agreement in June

An International Monetary Fund (IMF) team led by Iva Petrova visited Yerevan from March 31 to April 10, 2025, to conduct discussions for the fifth review under the Stand-By Arrangement (SBA) with Armenia.

Armenia ratifies EUR 10.1 million investment agreement with EIB on Yerevan’s Second Energy Efficiency Program

The Armenian Parliamentary Committee on Financial, Credit and Budgetary Affairs gave a positive conclusion at its meeting on Friday on the ratification of the agreement on the investment grant for the "Second Yerevan Energy Efficiency Program" in the amount of EUR 10.1 million.

In February, deposits in Armenian banks grew by 1%, loans decreased by 0.1% due to dram funds

In February 2025, deposits in Armenian commercial banks grew by 1% (MoM), while loans decreased by 0.1% (MoM), in both cases the changes were due to funds denominated in drams.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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