Armenian banks raise lending to resident enterprises by 2.7% to AMD 794.4 bln in March

YEREVAN, May 17. /ARKA/. The commercial banks of Armenia allocated over 794.4 billion drams in loans to resident enterprises in March of this year, 2.7 % rise from February, according to data published on the website of Armenia’s Central Bank.

Loans in Armenian drams are said to advance by 0.4% to over 154 billion in March from a month earlier, and credits in foreign currency – to increase by 3.3% to over 640.4 billion drams.

Loans in Armenian drams allocated to private enterprises jumped by 0.5% to nearly 151.7 billion drams, and in foreign currency- climbed by 3.2% to 626.9 billion drams within the reported period.

The credits in Armenian drams distributed to public enterprises dropped by 2.5% to nearly 2.3 billion drams, and in foreign currency-by 6.6% to 13.6 billion drams. ($1 – 396.99 drams). —0–

YEREVAN, May 17. /ARKA/. The commercial banks of Armenia allocated over 794.4 billion drams in loans to resident enterprises in March of this year, 2.7 % rise from February, according to data published on the website of Armenia’s Central Bank.

Loans in Armenian drams are said to advance by 0.4% to over 154 billion in March from a month earlier, and credits in foreign currency – to increase by 3.3% to over 640.4 billion drams.

Loans in Armenian drams allocated to private enterprises jumped by 0.5% to nearly 151.7 billion drams, and in foreign currency- climbed by 3.2% to 626.9 billion drams within the reported period.

The credits in Armenian drams distributed to public enterprises dropped by 2.5% to nearly 2.3 billion drams, and in foreign currency-by 6.6% to 13.6 billion drams. ($1 – 396.99 drams). —0–

spot_img

POPULAR

Guesthouse “Bees and Beekeeping” in Lori Province

In the village of Vardablur in the Lori region, at the "Beeography" guesthouse, guests are welcomed with a honey drink, considered the guesthouse's signature dish.

EDB and Armenian Ministry of Finance signed an agreement on provision of technical assistance

An agreement between the Armenian Ministry of Finance and the Eurasian Development Bank (EDB) on the "Provision of Technical Assistance" was signed in Yerevan during a meeting between Minister of Finance Vahe Hovhannisyan and Chairman of the EDB Board of Directors Nikolay Podguzov.

Armenia’s risk premium increased amid events in the Middle East – Galstyan

The risk premium in Armenia has increased slightly due to events in the Middle East, although not as much as in other countries in the region and beyond, stated Martin Galstyan, head of the Central Bank of Armenia.

Tokenization could change the investment philosophy in Armenia – expert

Tokenization is a serious mechanism that could change the investment philosophy in Armenia, noted Felix Vartanov, CEO and shareholder of the investment and holding company BlackRiver Capital (Dubai).

Euro rose against the Armenian dram, while the dollar and ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, determined on March 16, 2026, fell by 0.13 points compared to March 13, to 377.41 drams.

LATEST NEWS

spot_imgspot_imgspot_img