Mon, 15 September
21.1 C
Yerevan
USD: 383.12 RUB: 4.62 EUR: 450.36 GEL: 141.63 GBP: 521.31

Credit investments of Armenian credit organizations grew 0.3 percent in April to 147.9 billion drams

YEREVAN, June 11. / ARKA /. Credit investments of 33 Armenia-based credit organizations amounted to 147.9 billion drams at the end of April (excluding accrued interest), which was 0.3% more than in March 2014, according to the monthly bulletin of the Central Bank of Armenia.

Lending to residents amounted to 147.8 billion drams, while lending to households stood at 111.7 billion drams, which was 1.7% more than in March.

Lending to households constituted about 75.5% of the total lending. Some 78.7 billion drams were loans in the national currency, and an equivalent of about 33 billion drams in foreign currency.

Lending to industrial enterprises amounted to about 33.5 billion drams against 34.6 billion drams in March (down 3%). It made 22.7% of the total loans granted to all sectors of the economy.

Some 13 billion drams were loans in the national currency, and the equivalent of 12.1 billion drams in foreign currency. ($ 1 – 411.67 drams). -0-

spot_img

POPULAR

3.6% inflation registered in Armenia in August

n the consumer market of Armenia, 12-month inflation in August of this year amounted to 3.6%, according to the report of the National Statistical Committee (NSC) of Armenia.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Central Bank of Armenia initiates discussions on draft by-laws related to Law on Cryptoassets

The Central Bank of Armenia is set to conduct a public discussion on  the draft by-laws essential for implementing the Law on Cryptoassets, which became effective on July 4 of this year, as reported by the regulator's press service.

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

The UAE instead of Europe : why Armenia needs to change its approach to crypto regulation – EXCLUSIVE

The Armenian Forum on Cryptocurrency Assets, organized by the Cilicia Business Club, was recently conducted in Yerevan.

LATEST NEWS

spot_imgspot_imgspot_img