Interbank loans in Armenia downed 13.7% to over AMD 44.2 bln late April

YEREVAN, June 21./ARKA/. Interbank loans in Armenia totaled in over 44.2 billion drams as of late April, which was 13.7% lower from March, the Central Bank said in its newsletter.

AMD interbank loans rose by 30% to nearly 8.5 billion drams. Interbank loans in foreign currency slashed by 8.3% to over 35.7 billion drams.

Lending to credit organizations climbed by 16.5% in April to 10.4 billion drams.

Loan investments in credit organizations surged by 28.7% in April from March to about 3.6 billion drams. Loans in foreign currency upped by 10.9% to over 6.8 billion drams as of late April.

As of 30 April 2013, there are 21 commercial banks in Armenia. ($1 – 410.41 drams). —0-

spot_img

POPULAR

Unibank and Picsart Academy Host Kids Day for Children

Unibank and Picsart Academy organized a special Kids Day, combining education and entertainment in an environment where technology meets creativity and imagination.

Approach to financial education must focus on people’s well-being – Head of the Central Bank of Armenia

A modern approach to financial education must go beyond the mere transfer of knowledge and focus on actual financial behavior and people's well-being, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

Special symphony concert: results of trilateral cooperation summed up

Acba Bank, the Hayastan All-Armenian Fund and the State Symphony Orchestra of Armenia summed up the results of musical and cultural projects jointly implemented over many years.

Unibank Joins the Armenian Solar Energy Association

Unibank has joined the Armenian Solar Energy Association (ASEA), which brings together companies in the renewable energy sector.

Central Bank of Armenia has issued a warning regarding illegal activities of credit organization My Fin UCO

The Central Bank of Armenia has issued a warning to the public regarding a company operating on Facebook under the name "My Fin UCO," which offers lending services without the appropriate regulatory license.

LATEST NEWS

spot_imgspot_imgspot_img