YEREVAN, January 16. /ARKA/. Average interest rate on long-term dram loans slid 0.45 percentage points in November 2012, compared with the previous month, to 15.95%, while that of long-term loans in foreign currencies rose 0.25 points to 13.6%.
According to the information posted on the central bank’s website, average interest rate on lending remained unchanged in November, compared with October.
Loans for legal entities were extended at 12% interest rate – 0.4 points down, and those for individuals at 18% – 0.27-percent decrease.
Twenty one commercial banks operated in Armenia in late November 2012. ($1 – AMD 407.58). -0-
