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Armenian commerce lending totals AMD 327.3 bln or 23.1% in June

YEREVAN, August 16. /ARKA/. Armenia’s banks allocated 327.3 billion drams in commerce lending in June 2012, 2.9% higher from May, according to the data available on Central Bank’s website.

It made up 23.1% of the total lending to other economic sectors.

Industry lending accounted 338.4 billion drams or 23.8% of the total lending.

Consumer loans totaled nearly 260.4 billion drams, or 18.3% share, mortgage loans- 120.7 billion drams, construction-103.3 billion drams, agriculture-93.6 billion drams, transport and communication- 43 billion drams. ($1 – 411.59 drams).—0–

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Central Bank of Armenia has no plans to tighten liquidity requirements for banks (EXCLUSIVE)

Armenia’s Central Bank is not planning to make changes to or revise its current regulatory framework designed for local commercial banks, the regulator’s press service said in  response to  ARKA News Agency's inquiry about whether it was planning to  toughen prudential requirements for banks, particularly, the liquidity ratio because of  the large inflow of non-resident funds

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia’s financial market is successful, banking system strong – expert

Armenia's financial market in terms of banks is quite successful, Armen Hovhannisyan, head of investment banking at Dimension Investments, believes.

Euro down 2.2 points to AMD 412.42

The average market exchange rate of the U.S. dollar to the Armenian dram on February 19, 2025, totaled 395.72 drams, down 0.51 points compared to February 18.

Euro exchange rate rises 0.4 points to AMD 412.82

The average market exchange rate of the U.S. dollar to the Armenian dram on February 20, 2025, stood at 395.31 drams, down 0.41 points compared to February 19.

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