Tue, 4 March
1.1 C
Yerevan
USD: 393.69 RUB: 4.40 EUR: 411.09 GEL: 141.36 GBP: 497.94
spot_img

Armenian credit organizations lend less money for purchasing cars in january than in december

YEREVAN, March 15. /ARKA/. Car loans extended by Armenian credit organizations totalled AMD 233.1 million in late January 2012.
According to the information available on the central bank’s official website, this amount is 1.1% less than the indicator reported in late December.
The central bank says 98.1% of the car loans extended by credit organizations in January were in drams.
It means 228.7 million drams were lent for car purchasing – 2.5% month-on-month decline.
Consumer lending exceeded 8.9 billion in late January after growing 1.7% over the month.
Armenia had 32 credit organizations in late January 2012. ($1 – AMD 389.68). –0–

spot_img

POPULAR

Net inflow of remittances to Armenia from abroad decreased by 1.7 times in January

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the banking system of Armenia, amounted to $18.7 million in January 2025, compared to $32.8 million in January 2024, according to the report from the Central Bank of Armenia.

Euro exchange rate plummets by 3.34 points

The average market exchange rate of the U.S. dollar to the Armenian dram on February 28, 2025, amounted to AMD 393.26, having increased by 0.09 points compared to February 27.

New Armenian Formula VC II fund invests $30 mln in 40 tech startups with Armenian roots around the world

Armenian Formula VC fund announced the launch of Formula VC II fund on Thursday. 

Government makes its first attempt to regulate the cryptosphere

At a meeting on Thursday, the Armenian government approved the law "On Cryptoassets," aimed at introducing regulations in the areas of cryptocurrency circulation, exchange, and service provision.

C-QUADRAT AAM Armenia CEO: Investments in Formula VC venture fund will develop Armenia’s technological future

The unprecedented decision of the C-QUADRAT Ampega Asset Management Armenia pension fund to invest $1 million in the Formula VC venture fund in 2024 is very important for Armenia, said Arman Vardanyan, CEO of C-QUADRAT Ampega Asset Management Armenia, summing up the results of a year of cooperation with the Formula VC venture fund.

LATEST NEWS

spot_imgspot_imgspot_img