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Average interest rate on mortgage loans in dollars slips to 11.9% in Armenia in May

YEREVAN, July 12. /ARKA/. Average interest rate on mortgage loans extended by Armenian banks in dollars went 0.4 percentage points down in May 2012 to 11.9%, while that on the loans in drams remained unchanged – it stood at 12.6%.

According to the information available on the central bank’s website, interest rate on long-term loans in drams averaged 15.8% in May, just as a month before, while average interest rate on loans in foreign currencies slid 0.4 percentage points to 12.8%.

Short-term loans were extended in May at 16.9% average interest rate against 17% in April, and loans in foreign currencies at 13.5% interest rate against 14% a month before. ($1- AMD 413.5). -0–

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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.

Euro down 0.91 points to AMD 448.43

The average market exchange rate of the US dollar to the Armenian dram as of August 14, 2025, fell by 0.06 points when compared to August 13 and amounted to AMD 383.5.

Deputy Prime Minister discusses cooperation prospects with new head of WB Armenia office

Armenian Deputy Prime Minister Tigran Khachatryan received World Bank Regional Director for the South Caucasus Rolande Pryce and newly appointed head of the WB Armenia office Fabrizio Zarcone, the government press service reported.

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.

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.

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