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

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (March 23–29)

The week in the Armenian financial market was marked by a combination of fiscal clarifications, regulatory changes, and institutional decisions.

Armenia to Receive $200 Million from the World Bank to Develop a Sustainable and Competitive Economy

Armenia will receive $200 million (€170.3 million) from the World Bank to support its transition to a more competitive, globally integrated economy with responsible emissions management.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of March 31, 2026, decreased by 0.38 points compared to March 30, to 377.16 drams.

Euro continued to decline against the Armenian dram, while the dollar and ruble rose: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of March 30, 2026, rose by 0.36 points compared to March 27, to 377.54 drams.

Euro and ruble exchange rates against the Armenian dram fell, while the dollar continued to rise

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of March 26, 2026, increased by 0.16 points compared to March 25, reaching 377.36 drams.

LATEST NEWS

spot_imgspot_imgspot_img