Mon, 28 July
22.1 C
Yerevan
USD: 383.94 RUB: 4.85 EUR: 450.25 GEL: 141.78 GBP: 516.63

Average interest rate on AMD consumer loans in Armenia inched up 0.4 p.p. to 20,2% in Nov

YEREVAN, January 16. /ARKA/. Average annual interest rates on AMD consumer loans in Armenia inched up by 0.4 p.p. to 20.2% in November 2012 from October, the Central Bank said Thursday.

Average interest rates on USD consumer loans inched up by 0.4 p.p. to 17% in November from October.

Average annual interest rate on AMD mortgage loans rose by 0.1 p.p. to 12.7%, and USD loans—slashed by 0.1 p.p. to 12.3% within the reported period.

An average interest rate on credits in Armenia didn’t change in November 2012 from October confirming 15%. ($1- 406.30 drams).—0-

spot_img

POPULAR

Fitch expects inflation in Armenia to remain within the target level until 2027

International rating agency Fitch expects inflation in Armenia to remain within the target level until 2027, although soft fiscal policy and the projected moderate weakening of the dram create certain risks.

A scheme for stealing funds through fake investment platforms  exposed in Yerevan

A criminal group operating in one of the capital's business centers and stealing citizens' money through Internet calls has been exposed in Armenia, the Investigative Committee of Armenia reports.

Fitch forecasts Armenia to tighten fiscal policy after 2027

Fitch Ratings analysts forecast a tightening of fiscal policy by the republic's authorities in a new report on Armenia.

 Law on Cryptoassets enters into force in Armenia

The Law on Cryptoassets entered into force on July 4, 2025, the press service of the Central Bank of Armenia reports.

Armenian Market: Acceleration of Economic Activity is Positive for the Market

In the period from June 16 to June 30, 2025, the Armenian stock market demonstrated mixed dynamics.

LATEST NEWS

spot_imgspot_imgspot_img