Sun, 17 August
21.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Consumer lending in Armenia surges 3.1% to AMD 255 bln in May

YEREVAN, July 11. /ARKA/. Total lending to consumer sector of Armenia boosted by 3.1% to 255 billion drams in May, according to the data available on the Central Bank’s website.
Consumer lending made up 18.6% in the total lending provided by the commercial banks, down by 0.1 p.p. from a month earlier.

In total lending the share of loans in foreign currency fetched up 40 billion drams, and in drams- 215 billion.

Credit investments of the commercial banks totaled 1 372,4 billion drams in May, of them 63.9% are loans in foreign currency. ($1-417.71 drams).—0-

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Euro jumps 2.54 points to AMD 447.76

The average market exchange rate of the US dollar to the Armenian dram on August 7, 2025, fell by 0.03 points compared to August 6 and amounted to AMD 383.65.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Volume of loans issued by commercial banks of Armenia exceeded 7 trillion drams at the end of June

The volume of loans issued by commercial banks of Armenia as of the end of June 2025 amounted to 7,053,648 million drams against 6,866,119 million drams at the end of May.

LATEST NEWS

spot_imgspot_imgspot_img