YEREVAN, May 29. / ARKA /. Armenian commercial banks’ short-term and long-term interest rates on deposits and loans in the Armenian national currency, the dram, have dropped in April 2015, according to a statement placed on the official website of the Central Bank.
Thus, short-term interest rates on loans in drams have decreased by 2.06 percentage points to 17.05%, while interest rates on deposits in drams have dropped by 1.95% to 13.26%. At the same time, long-term interest rates on loans in drams decreased by 0.52 percentage points to 16.41%, and interest rates on deposits in drams have fallen by 0.19 percentage points to 14.25%.
According to the Central Bank, short-term interest rates on loans in USD in the reporting period have increased by 0.6 percentage points to 9.91%, while rates on deposits in USD have grown by 0.58 percentage points to 6.13%.
At the same time long-term rates on dollar loans fell by 0.92 percentage points to 11.86%, while long-term interest rates on deposit in USD have increased by 0.21 percentage points to 7.27%.-0-
