Thu, 3 July
16.1 C
Yerevan
USD: 384.51 RUB: 4.89 EUR: 452.41 GEL: 141.37 GBP: 526.78

Armenia’s gross external debt dropped by 1.4 percent to $8.571.48 billion in quarter one, statistics.

YEREVAN, June 30. / ARKA /. Armenia’s gross external debt dropped by 1.4 percent from the beginning of the year or $123.15 million to $8.571.48 billion as of late March, the National Statistical Service (NSS) said.

According to the official data, about 39.69% of the gross external debt was owed by government agencies, 17.58% by the private sector, 7.35% by the Central Bank, 26.91% by depository companies and 8.48% by various companies.

As of March 2014, the country’s gross external assets stood at $3.909.75 billion, a decrease of $264.79 million As a result, the net external debt in the first quarter increased by $141.64 million to $4.661.73 billion.

Armenia’s total government debt in the first quarter stood at $4.550.9 billion as of late May, a decrease of 0.2% from the previous month. According to the NSS, the country’s external debt in the reporting month decreased by $21.7 million to $3.866.1 billion in late May.

Approximately $3.382.6 billion of the external debt was owed by the government, a decrease of $11.1 million. About $483.5 million were owed by the Central Bank, by $10.6 million down from the previous month.

The domestic debt totaled $684.7 million, an increase of $12.3 million from late April. Of that amount $647.48 million were government bonds purchased by residents. Government bonds in foreign currency amounted to $28.9 million, loans and borrowings were worth $6 million and domestic guarantees – $2.3 million. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

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.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

LATEST NEWS

spot_imgspot_imgspot_img