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

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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-

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