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

Euro, dollar, and ruble exchange rates against the Armenian dram rose after declining in previous days: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, increased by 0.05 points on September 3, 2026, compared to September 2, to 364.19 drams.

Unibank Launches a New Promotion “U-Teenager”: Grand Prize — a Summer Course at One of the Top Universities Abroad

Unibank has launched a new promotion for Arca U-Teenageр cardholders, with the grand prize of AMD 1 500 000 to participate in a summer educational program at one of the leading universities abroad.

Inflation of 4.4% recorded in Armenia in August

In the Armenian consumer market, 12-month inflation in August of this year amounted to 4.4%, according to a report from the Statistical Committee of Armenia.

Armenian Genocide Museum-Institute Refurbished

With the support of the Stepan Gishyan Charitable Foundation, the Armenian Genocide Museum-Institute has received 120 radio guides and 45 new audio guides.

“Orran” Students Start the New Academic Year with Support from “The Power of One Dram”

On September 1, students of the “Orran” charitable NGO welcomed the new academic year with all the necessary school supplies, with the support of “The Power of One Dram” initiative.

LATEST NEWS

spot_imgspot_imgspot_img