Sat, 10 May
27.1 C
Yerevan
USD: 389.25 RUB: 4.73 EUR: 439.39 GEL: 141.96 GBP: 516.22
spot_img

Armenia’s trade lending hits over amd 318 bln or 23.2% of credit portfolio in May

YEREVAN, June 27. /ARKA/. Armenian commercial banks’ lending of trade made up 23.2% of the total lending to the residents( in economic sectors) in May, according to the data published on the website of Armenian Central Bank.

Trade lending increased by 3.9% to 318.1 billion drams as of May 31 from April. Industry lending reported 23.4% of the total lending or over 321.6 billion drams.

Consumer credits totaled in nearly 255.1 billion drams, 18.6% of the total lending. Mortgage loans – 116.8 billion drams, construction- 98.3 billion drams, agriculture- 90.8 billion drams, transport and communication- 45.6 billion drams. ($1 – 418.02 drams).—0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

LATEST NEWS

spot_imgspot_imgspot_img