Tue, 10 June
28.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Mortgage loans rose to about 127.6 billion drams in late February

YEREVAN, April 13. / ARKA /. As of late February 2013 the amount of mortgage loans issued by Armenian commercial banks rose to about 127.6 billion drams, increasing by 0.7 percent from January, according to the monthly bulletin of the Central Bank of Armenia for February 2013.

The mortgage loans issued in Armenian drams totaled 63.1 billion drams, a 0.9 percent decrease form January, loans in foreign currency grew by 2.3 percent to 64.4 billion drams.

The share of mortgage loans in the total outstanding loan portfolio of all 21 commercial banks in the reporting period amounted to 7.8%.

The total amount of outstanding loans as of late February amounted to 1639.9 trillion drams, an increase of 2.3% from January. ($ 1 – 417.65 drams). -0-

spot_img

POPULAR

Euro and ruble exchange rates to the Armenian dram fell, the dollar rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 6, 2025, increased by 0.06 points compared to June 5 and amounted to 383.46 drams.

Mechanism to stimulate cashless payments to be developed in Armenia

On Friday, the Armenian government held a meeting on issues related to stimulating cashless payments in the country.

Acba Bank and NABU launch free 2025 program for organic agriculture development

Acba Bank and the Armenian branch of the German "Nature and Biodiversity Conservation Union" (NABU) are launching a free 2025 Organic Agriculture Development Program, the bank's press service reported.

Dollar and euro exchange rates to the Armenian dram fell again, while the ruble rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 4, 2025, fell again by 0.1 points compared to June 3 and amounted to 383.76 drams.

AMX introduces remote membership model, opening doors to international investors

The Armenia Securities Exchange (AMX) and the Central Depository have introduced a Remote Membership model, which is aimed at providing access to foreign investors to the Armenia Securities Exchange, the press service of the exchange reported.

LATEST NEWS

spot_imgspot_imgspot_img