Interbank lending in February surges by 67 percent year-on-year

YEREVAN, April 15. /ARKA/. The amount of interbank lending in February, including REPO transactions, surged by almost 67% from the year before to about 75 billion drams, according to the monthly bulletin of the Central Bank of Armenia for February 2016. In comparison with January interbank loans increased by 11.4%, it says.

Inter-bank loans in foreign currency totaled the equivalent of 31.7 billion drams, having decreased  by 25.4% from February 2015.

According to Central Bank data, the volume of interbank loans in drams amounted to about 43.3 billion, having increased by 18 times. ($ 1 – 483.03 drams). -0

spot_img

POPULAR

“We are switching you to 5G, type a command”: IDBank warns about a fraud disguised as a “network update”

Amid the active expansion of fifth-generation mobile networks in Armenia, a rise in fraud activity has been recorded. Scammers, posing as employees of telecommunications companies, offer to “upgrade settings” or “activate 5G” using phone commands.

In Armenia, commercial bank deposits grew by 2.2% and lending by 1.6% in March — World Bank

In March, commercial bank deposits increased by 2.2% (MoM), while lending grew by 1.6% (MoM), according to the World Bank's "Armenia Monthly Economic Update – May 2026."

Inflation in Armenia rose in April amid tensions due to the Middle East conflict and in supply chains – WB

Inflation in Armenia continued to rise in April amid tensions due to the Middle East conflict and in supply chains, according to the World Bank's "Armenia Monthly Economic Update – May 2026."

Central Bank of Armenia expects inflation to return to the target level in the medium term

The Central Bank of Armenia expects inflation to return to the target level in the medium term, said Central Bank Chairman Martin Galstyan, answering a question from the ARKA news agency.

Learn while playing: Idram, IDBank, and Novosti-Armenia launch a series of financial literacy games

From now on, a special quiz for children will be published monthly as part of the new "Games" section on the Newsarmenia.am website.

LATEST NEWS

spot_imgspot_imgspot_img