YEREVAN, December 8. /ARKA/. Interest rates on short-term loans extended by Armenia’s banks in drams went 1.34 percentage points down to 16.54% in October, according to the central bank’s report.
Instead, interests on short-term loans in dollars rose 0.21 percentage points to 10.49%.
Interests on long-term loans in drams rose 1.82 percentage points to 18.36% and those in dollars slid 0.62 percentage points to 10.61%.
Refinancing rate stood at 10.25% from August 11 to November 10, 2015. Now it stands at 9.75%. —0—
