Tue, 8 July
31.1 C
Yerevan
USD: 384.19 RUB: 4.90 EUR: 450.58 GEL: 141.45 GBP: 521.65

Armenia’s National Mortgage Company refinanced 4,644 loans worth 37.4bln drams

YEREVAN, June 25. /ARKA/. The National Mortgage Company (NMC) refinanced 4,644 mortgage loans worth a total of 37.4 billion drams as of June 24, 2014. Of them, 2,973 loans worth 28.8bln drams were refinanced in Yerevan and 1,671 loans worth 8.6bln drams in the country’s regions, the press office of the company reported.

According to the report, 3,061 loans worth 29.6bln drams were extended for purchase of housing and 1,583 loans worth 7.8bln drams were for renovation.

As of the end of March 2014, the company’s assets totaled 31.6 billion drams, total capital was 10.8bln drams and undistributed profit 1.6bln drams.

The National Mortgage Company is a refinancing credit organization registered and licensed by Armenia’s Central Bank, the sole founder and stockholder of the company. ($1-408.45 drams). -0-

spot_img

POPULAR

Moody’s affirms Armenian government ratings at Ba3 with stable outlook

On June 26, 2025, Moody's affirmed the long-term issuer ratings in national and foreign currencies and senior unsecured debt in foreign currency of the Armenian government at Ba3, maintaining the stable outlook, the press service of the Ministry of Finance of Armenia reported.

Inflation of 3.9% registered in Armenia in June

In the consumer market of Armenia, 12-month inflation in June of this year amounted to 3.9%, according to the report of the National Statistical Committee (NSC) of Armenia.

Euro rises by 1.06 points against Armenian dram, while US dollar and ruble fall slightly

The average market exchange rate of the US dollar against the Armenian dram as of July 3, 2025, decreased by 0.05 points compared to July 2 and amounted to 384.46 drams.

Average settlement exchange rate of the dram to the dollar in June was 1% lower than a year ago

In June 2025, the average settlement exchange rate of the Armenian dram to the US dollar was 384.2 drams, which is 1% lower than the same indicator in June 2024 (388.1 drams).

Armenia takes first step toward regulating crypto assets

On Thursday, the National Assembly of Armenia approved in the second and final reading a draft law On Crypto Assets and amendments to a number of related laws.

LATEST NEWS

spot_imgspot_imgspot_img