Car loans provided by Armenian banks increased by 1.15 percent from February 2013 to 16.3 billion drams at the end of March

YEREVAN, June 4. / ARKA /. The total amount of car loans provided by Armenian banks increased by 1.15 percent from February 2013 to 16.3 billion drams at the end of March, the Central Bank of Armenia says in a statement posted on its official website.

The amount of car loans provided in Armenia’s national currency, the dram, grew by 0.9 percent to 16.3 billion drams and that in foreign currency grew by 23.5 percent to 42 million drams (in dram equivalent).

According to Central Bank data, consumer loans as of March 2013 amounted to 315.8 billion drams, of which about 216 billion were in drams and 54.8 billion drams in foreign currency. ($ 1 – 417.17 drams). -0-

spot_img

POPULAR

FINTECH360 International Conference to Bring Together 500 Participants in Yerevan

The FINTECH360 International Conference will bring together over 500 participants in Yerevan from April 27 to 29, welcoming senior industry executives from banks, money transfer companies, payment platforms, IT firms, and startups representing more than 30 countries.

Euro fell 2.02 points against the Armenian dram: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on March 26, 2026, fell 0.18 points compared to March 26, to 377.18 drams.

Acba Group invested $45 million in the creation of an AI factory

To spur the development of artificial intelligence infrastructure in Armenia, Acba Bank and Amundi-Acba Asset Management have invested a total of $45 million in Firebird to establish an AI factory and data center.

Armenia to Introduce Electronic Seizure of Information Constituting Banking Secrets

At its session on Wednesday, the National Assembly of Armenia adopted in the first reading a legislative package amending the Criminal Procedure Code of the Republic of Armenia and related laws.

Bankruptcy will be regulated in Armenia

At its session on Wednesday, the National Assembly of Armenia adopted amendments to the RA Bankruptcy Code in the first reading, along with the accompanying legislation.

LATEST NEWS

spot_imgspot_imgspot_img