Tue, 11 November
7.1 C
Yerevan
USD: 382.61 RUB: 4.72 EUR: 442.37 GEL: 141.42 GBP: 503.51

Average percent rate of mortgage loans in usd in January reduced to 12.4%

YEREVAN, February 22. /ARKA/. Average annual percent rate of mortgage loans in USD in January 2012 compared to the same period of 2011 reduced by 0.4 p.p. to 12.4%, says the site of Central Bank of Armenia.

According to the data, average percent rate in January 2011 of mortgage loams in AMD reduced by 0.1 p.p. to 12.9%.

Along with this, average percent rate of long-term credits in AMD provided by commercial banks of Armenia in January was 17.6% increased by 1.5 p.p. compared to January 2011, and by credits in foreign currency – 13.4% reduced by 1.4 p.p.

Short-term credits in drams in January were provided in average by percent rate of 17.5% instead of 17.7% in January 2011, and credits in foreign currency – by 13.9% instead of 14%. ($1- 389.26 drams).—0—

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Net loan portfolio of Armenian banks in Q2 2025 increased by 6.11% to AMD 6.8 trillion

The combined loan portfolio of 17 Armenia-based commercial banks upped  by 6.11% in Q2 2025 compared to Q1 2025, amounting to AMD 6.82 trillion, according to a ranking compiled by  the ARKA news agency.

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.

LATEST NEWS

spot_imgspot_imgspot_img