Wed, 4 February
0.1 C
Yerevan
USD: 378.44 RUB: 4.93 EUR: 446.07 GEL: 140.62 GBP: 516.76

Education lending by Armenia’s credit organizations hit over AMD 130.5 mln late October

YEREVAN, December 7. /ARKA/. Total loans allocated to education by Armenia’s credit organizations dropped 2% late October from September to nearly 130.5 million drams, according to the National Statistical Service of Armenia.

According to the data, AMD loans fell from September by 1.98%, and foreign currency loans- 12.6 million drams ( 2.2% down from September).

Lending to Armenia’s resident economy totaled 147.9 billion drams, which is 2.4% higher from September.

As of 30 October 2012 there are 32 commercial organizations in Armenia. ($1 – 407.09 drams).

spot_img

POPULAR

Euro ups 3.39 points against Armenian dram

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market on January 29, 2026, increased by 0.24 points compared to January 26, reaching 379.1 drams.

Austrian insurance group GRAWE interested in entering the insurance business in Armenia

The Austrian insurance firm GRAWE is keen on entering the Armenian insurance market.

Armenia’s corporate bond market grew approximately fourfold between 2018 and 2025: minister

Armenian Economy Minister Gevorg Papoyan reported that the country's corporate bond market grew more than 4.4-fold between 2018 and 2025.

Central Bank of Armenia advocates for maximum rigor in identifying crypto company clients.

The chairman of the Central Bank of Armenia, Martin Galstyan, asserts that the process of identifying clients of cryptocurrency companies in the country should be as stringent as possible.

Central Bank of Armenia reduces maximum commission rates for cashless payments

Last week, the Central Bank of Armenia decided to reduce the fees banks charge businesses for cashless payments, Central Bank Governor Martin Galstyan announced.

LATEST NEWS

spot_imgspot_imgspot_img