Mon, 9 June
19.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Armenian banks’ lending grew by 9.5 percent in 2014 February year-on-year to more than 1.786 trillion drams, NSS

YEREVAN, April 3. / ARKA /. The amount of loans provided by Armenian banks grew by 9.5 percent in 2014 February year-on-year to more than 1.786 trillion drams, the National Statistical Service (NSS) said.

NSS said credit investments grew by 5.7 percent to about 1,654 billion drams, of which the equivalent of 1.033.4 trillion drams were loans in foreign currency and 620.6 billion drams in the national currency.

Overdue loans were said to have soared by 86.3 percent to about 25.1 billion drams at the end of February, making 1.4% of the total lending. Of that amount 23.1 billion drams were overdue short-term loans.

Extended loans in February 2014 amounted to about 107 billion drams (up 98 %). Of that amount about 74.4 billion drams were short-term loans. ($ 1 – 414.84 drams). -0 –

spot_img

POPULAR

Dollar and ruble exchange rates against Armenian dram rose, while euro fell

The average market exchange rate of the US dollar to the Armenian dram, as of April 2, 2025, rose by 0.06 points compared to April 1, reaching 391.16 drams.

US dollar slightly down  against dram

The average market exchange rate of the U.S. dollar to the Armenian dram on May 7, 2025, decreased by 0.18 points compared to May 6 and amounted to 389.28 drams.

Converse Bank Joins the Asian Development Bank’s Green Finance Commitment

Converse Bank announces its participation in the Asian Development Bank’s (ADB) technical assistance program “Advancing Green Finance for Sustainable Development.”

Euro exchange rate increases by 0.87 points to 433.28 AMD

The average market exchange rate of the U.S. dollar to the Armenian dram on April 10, 2025, decreased by 0.7 points compared to April 9 and amounted to AMD 391.08.

Armenia’s stock market capitalization grew by 35.6% to AMD 439.3 billion in 2024 – AMX report

The capitalization of the Armenian stock market grew by 35.6% to AMD 439.3 billion in 2024, according to the annual report of the Armenia Stock Exchange (AMX).

LATEST NEWS

spot_imgspot_imgspot_img