Armenian credit organizations’ credit investments total AMD 179.4 billion in late February

YEREVAN, April 14. /ARKA/. Armenian credit organizations’ credit investments totaled AMD 179.4 billion in late February 2016 – 0.11% more than in the previous month, the Central Bank of Armenia says in a fresh issue of its monthly bulletin.

Credit organizations’ aggregate lending for residents amounted to AMD 163.6 billion in February.

Loans extended to households totaled AMD 133.8 billion in February showing a 2.1% month-on-month growth.

Loans extended to households made up 81.8% of the total amount – AMD 92.2 billion was lent in the Armenian national currency and AMD 41.5 billion in foreign currencies, and loans extended to corporate clients amounted to AMD 27.2 billion against AMD 27.8 billion in January (2% month-on-month decline).

According to the central bank’s figures, the amount lent to companies made up 16.7% of the total lending – AMD 14.8 billion was lent in Armenian dram and another 12.5 billion in foreign currencies.

Thirty two credit organizations operate in Armenia now. ($1 – 483.68). –0—

spot_img

POPULAR

Market capitalization increased by 6.53% in February, reaching 478 billion drams – Armenia Securities Exchange

YEREVAN, March 6. /ARKA/. Equity market capitalization increased by...

Armenia to Receive €120 Million Loan and €15 Million Grant from KfW Bank for Power Grid Connection with Georgia

At a meeting on Thursday, the Armenian government approved the signing of a €120 million loan agreement with the German bank KfW for the "Caucasus Transmission Network - NIF" project to connect the power systems of Armenia and Georgia. Additionally, a €15 million grant agreement with KfW was approved for the "EU Caucasus Transmission Network - NIF. Phase II" project.

EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year

The EDB forecasts consumer price growth in Armenia of 3.3% y/y by the end of this year.

Guesthouse “Bees and Beekeeping” in Lori Province

In the village of Vardablur in the Lori region, at the "Beeography" guesthouse, guests are welcomed with a honey drink, considered the guesthouse's signature dish.

Central Bank of Armenia: Sustainable and Sustainability-Linked Bond Market in Early Stages of Development

In its 2025 Sustainability Report, the Central Bank of Armenia notes that the sustainable and sustainability-linked bond market in the country is in its early stages of development.

LATEST NEWS

spot_imgspot_imgspot_img