Armenian commercial banks’ credit exposure to investment companies reaches AMD 28.9 billion by late February

YEREVAN, April 22. /ARKA/. The total amount of the loans Armenian commercial banks have extended to investment companies grew 19.7% in February 2016, compared with the previous month, to AMD 28.9 billion, the Central Bank of Armenia says in a fresh issue of its monthly bulletin.

According to the bulletin, loans to investment companies in drams grew 22.5% reaching AMD 26 billion by late February, while those in foreign currencies shrank 1.1% to AMD 2.8 billion.

There are 21 registered commercial banks in Armenia now. ($1 – AMD 479.37). –0—-

spot_img

POPULAR

Armenia to Receive $284.4 Million from IBRD to Provide Housing for IDPs from Artsakh and Develop the Mortgage Market

On Thursday, the Armenian government approved the ratification of a financial agreement and the approval of a grant agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for $284.4 million.

Euro and dollar exchange rates against the Armenian dram rose, while the ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market as of July 10, 2026, increased by 0.26 points to 367.38 drams.

Financial adventures lead to great victories: the results of the 4th Junius online tournament have been announced

Intense competition, new discoveries, and useful leisure time—these are the characteristics that best describe the Junius online financial tournament, so beloved by children.

Non-resident investment in dram bonds in Armenia has nearly doubled, Central Bank Board Member

A rather interesting picture of increased foreign investment is emerging in Armenia's capital market, said Armen Ktoyan, a member of the Board of the Central Bank of Armenia, in an interview with CivilNet.

Jasmine Home: The Story of Young Sisters’ Business

Ten years ago, sisters Anna and Ani founded Jasmine Home, offering dozens of high-quality textile products—blankets, bedding sets, pillows, and many other items.

LATEST NEWS

spot_imgspot_imgspot_img