YEREVAN, April 14. /ARKA/. Commercial banks of Armenia allocated AMD 3.9 billion for education in February 2016 – 0.1% less than in the previous month, the Central Bank of Armenia says in a fresh issue of its monthly bulletin.
In February, education loans were extended mostly in foreign currencies – 59.8% or AMD 2.3 billion (1.9% less than January’s amount).
Education loans in Armenian drams exceeded AMD 1.6 billion by late February showing a 2.8% month-on-month growth.
Twenty one commercial banks operate in Armenia now. ($1 – AMD 483.68). –0—
