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

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market, increased by 1.03 points on August 4, 2026, compared to August 3, to 367.01 drams.

Moody’s affirms Converse Bank’s ratings and changes outlook to positive from stable

Moody's Ratings has affirmed Converse Bank's long-term deposit ratings at Ba3 and changed the outlook to positive from stable.

Average exchange rate of the Armenian dram to the US dollar in July was 366.8 drams, compared to 384.1 drams a year earlier

In July 2026, the average exchange rate of the Armenian dram to the US dollar in Armenia was 366.8 drams (in July 2025, the exchange rate was 384.1 drams).

Assets of Armenian credit institutions exceeded 905 billion drams in the first half of the year, up 5.12% from the beginning of the year

The total assets of Armenia's credit institutions as of June 30, 2026, amounted to 905.17 billion drams, an increase of 2.58% compared to March 31, 2026, and a 5.12% increase from the beginning of the year.

Armenia to receive €170.3 million loan from IBRD for economic transformation

At a meeting on Thursday, the Armenian government approved a loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank structure) for €170.3 million under the "Armenia Economic Transformation Policy Development Loan" program.

LATEST NEWS

spot_imgspot_imgspot_img