Tue, 8 July
24.1 C
Yerevan
USD: 384.11 RUB: 4.88 EUR: 450.45 GEL: 141.38 GBP: 522.39

June’s mortgage loans total AMD 120.7 bln in Armenia

YEREVAN, August 10. /ARKA/. Mortgage loans allocated by the commercial banks of Armenia in June jumped by 3.3% to 120.7 billion drams from May, according to the data available on Armenian Central Bank’s website.

Mortgage loans in drams totaled 61.8 billion drams ( 1.1% rise from May), and in foreign currency- 58.9 billion drams (5.8% growth from a month earlier).

Mortgage loans made up 8.5% in the total credit portfolio of Armenia’s banks.

Armenia’s commercial banks invested total of 1 418,1 billion drams in resident’s economy in June which is 3.3% higher from May.

As of June 30 there are 21 commercial banks in Armenia. ($1 – 413.31 drams). E.O.—0–

spot_img

POPULAR

Moody’s affirms Armenian government ratings at Ba3 with stable outlook

On June 26, 2025, Moody's affirmed the long-term issuer ratings in national and foreign currencies and senior unsecured debt in foreign currency of the Armenian government at Ba3, maintaining the stable outlook, the press service of the Ministry of Finance of Armenia reported.

Inflation of 3.9% registered in Armenia in June

In the consumer market of Armenia, 12-month inflation in June of this year amounted to 3.9%, according to the report of the National Statistical Committee (NSC) of Armenia.

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.

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

Unibank pays AMD 7.8 billion dividends to shareholders

Unibank summarised 2024 with a profit of 8.2 billion AMD, of which 7.8 billion AMD will be paid for dividends - almost twice as much as the previous year. The decision was taken at the shareholders’ annual general meeting of “Unibank” OJSC.

LATEST NEWS

spot_imgspot_imgspot_img