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Daily Archives: Jun 19, 2013

Armenia’s commercial banks extended 130.2bln drams in mortgage loans in April

Mortgage credits extended by Armenia’s commercial banks totaled about 130.2 billion drams as of the end of April, a reduction of 0.2% compared to March, says the monthly information guidebook of Armenia’s Central Bank for April

New customers deposit US $1.5 million into Armenian banks as EBRD provides financial education

More than 5,722 customers have opened a bank account in one of the five Armenian banks participating in the financial training programme launched in the country by the European Bank for Reconstruction and Development (EBRD) in December 2012

VTB Bank (Armenia) joins AVERS money transfer system

VTB Bank (Armenia) said Wednesday it had joined the system of immediate money transfers –AVERS

Credit organizations’ agriculture lending rose by 2.9% to 35.8 billion drams in April

Armenian credit organizations’ lending to agriculture totaled about 35.8 billion drams at the end of April, a 2.9% increase against the end of March level, says the monthly information guidebook of Armenia’s Central Bank for April

Real effective dram exchange rate rose 0.1% in April

The real effective exchange rate of Armenian dram against foreign currencies rose by 0.1% in April compared to March, reads the monthly information bulletin of Armenia’s Central Bank for April