Fri, 31 January
-7.9 C
Yerevan
USD: 397.92 RUB: 4.07 EUR: 413.72 GEL: 138.41 GBP: 494.50
spot_img

Loans received by Armenia from international lending organizations in the first half grew by 11.6% to 289.4 billion drams

YEREVAN, December 4. /ARKA/. The amount of loans received by Armenia from international lending organizations by the end of first half of 2015 grew by 11.6% or 30.1 billion drams from the year before to the equivalent of 289.4 billion drams, according to a Central Bank study on the composition and structure of credit investments and borrowed funds of banks and credit organizations from June 2014 to June 2015.

According to the study, these loans made 14.2% of total credit investments at the end of first half.
In Yerevan the amount of loans received from international lending organizations increased by 19.1% to 207.6 billion drams. In Armenian provinces and the Nagorno-Karabakh Republic they dropped by 3.8% to 81.8 billion drams.

According to the study, total credit investments of Armenian banks in Armenia and Nagorno-Karabakh during the reporting period amounted to 2 trillion and 40 billion drams, having increased by 9%. ($ 1- 484.59 drams). -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Fitch Affirms Armenia at ‘BB-‘; Outlook Stable

Fitch Ratings has affirmed Armenia's Long-Term (LT) Foreign-Currency (FC) Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook.

Fitch: Armenia plans to issue Eurobonds in the first quarter of 2025

Armenian authorities are planning to issue Eurobonds in the first quarter of 2025 to repay a $313 million Eurobond maturing in March 2025, Fitch Ratings said in a report.

Armenian banks’ net loan portfolio grew by 24․6% in 2024 to 6 trillion 270 billion drams

The total loan portfolio of the Armenian banks net of reserves grew by 24.6% or AMD 1trillion 239 bln drams in 2024 to AMD 6 trillion 270 bln drams.

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.

LATEST NEWS

spot_imgspot_imgspot_img