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

Unibank’s Renamed “Tumanyan” Branch Opens at a New Location

Unibank’s branch, previously located in the Moscow Cinema building, has moved to a new location and has been renamed "Tumanyan."

Why Armenia’s capital market remains bank-driven: 5 insights from Landmark Capital’s CEO 

Gor Gevorgyan assesses Armenia's economy as growing, the country has significant private capital, and the infrastructure and legislative framework for market development as sufficient.

Central Bank of Armenia has identified a key principle for regulating crypto assets based on risks

The Central Bank of Armenia adheres to the "same risk, same regulation" principle when regulating digital and virtual assets, Central Bank Deputy Chairman Hovhannes Khachatryan stated on Friday at the 4Future Banking forum in Yerevan.

Euro, dollar, and ruble exchange rates against the Armenian dram continued to decline: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, fell by 0.06 points on September 8, 2026, compared to September 7, to 363.64 drams.

Armenia calls on Visa to reduce fees for cashless payments through POS terminals

RA Deputy Prime Minister Mher Grigoryan called on the international payment system Visa to discuss the possibility of reducing fees charged for cashless payments through POS terminals in Armenia.

LATEST NEWS

spot_imgspot_imgspot_img