Armenian credit organizations’ loan portfolio grows 20.8% to AMD 137.1 billion in late December 2013

YEREVAN, February 11. /ARKA/. Armenian credit organizations’ aggregate loan portfolio amounted to AMD 137.1 billion in late December 2013 after growing 20.8% since the same month a year before, the National Statistical Service reports.

The loans extended to residents totaled AMD 137.027 billion in late December 2013 – 20.8% year-on-year growth. Of this amount, AMD 87.087 billion has been lent in drams (24.4% growth) and over AMD 49.9 billion in foreign currencies (15% growth).

According to the statistical report, Armenian credit organizations lent AMD 103.3 billion to households in 2013 (28.3% growth) – about AMD 72.6 billion in drams (25.9% growth) and over AMD 30.7 billion in foreign currencies (34.3% growth). ($1 – AMD 411.49). -0—

spot_img

POPULAR

Idram is the general partner of the “Towards Conscious Parenting 2026” annual conference     

Idram and the "Parenting Community" NGO are collaborating for the second year in a row, aiming to support families and contribute to shaping a more conscious and financially literate generation.  

Fitch forecasts inflation in Armenia at 4.4% in 2026, subsequently declining to 3%

The international rating agency Fitch Ratings expects inflation in Armenia to average 4.4% in 2026, after which it will gradually return to its target level of 3%.

Become a Unibank shareholder and benefit from an attractive investment opportunity

Individuals and legal entities can acquire ordinary shares from Unibank’s new share issue until September 9, 2026, at a placement price of AMD 390 per share.

Armenia to Receive $284.4 Million from IBRD to Provide Housing for IDPs from Artsakh and Develop the Mortgage Market

On Thursday, the Armenian government approved the ratification of a financial agreement and the approval of a grant agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for $284.4 million.

A young couple created a “honey planet” in Garni

Three years ago, young spouses Narek Sargsyan and Ruzanna Danielyan created their own "honey planet" in Garni—Bee Planet.

LATEST NEWS

spot_imgspot_imgspot_img