Mon, 9 June
27.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Lending to residents grew slightly in April

YEREVAN, June 2. /ARKA/. Loans, provided by Armenian commercial banks to residents grew by only 0.47% in April, amounting to the overall 2.047.6 trillion drams, the Central Bank said in a statement posted on its official website.

According to the Central Bank, lending to residents in drams increased by 1.2% from the previous month to 692.3 billion drams, while loans in foreign currency grew by 0.09% to the equivalent of 1.355.3 trillion drams.

Lending to businesses by the end of April amounted to 1.156.8 trillion drams, having increased over the month by 0.4%. At the same time loans in drams to businesses in the reporting period increased by 3.8%, while lending in foreign currency fell by 0.16%.

At the end of April 2016 lending to households fell by 0.13% to 782.6 billion drams. Lending in drams decreased by 0.16% and in foreign currency by 0.07%.

Total lending in April increased by 0.6% to 2.179.6 trillion drams. ($ 1 – 477.88 drams). -0-

spot_img

POPULAR

Dollar and ruble exchange rates against Armenian dram rose, while euro fell

The average market exchange rate of the US dollar to the Armenian dram, as of April 2, 2025, rose by 0.06 points compared to April 1, reaching 391.16 drams.

US dollar slightly down  against dram

The average market exchange rate of the U.S. dollar to the Armenian dram on May 7, 2025, decreased by 0.18 points compared to May 6 and amounted to 389.28 drams.

Central Bank leaves refinancing rate unchanged taking into account high uncertainty in US economic policy

The Central Bank of Armenia decided today to leave the refinancing rate unchanged at 6.75% taking into account a set of factors such as  the continued high uncertainty surrounding the US economic policy, declining confidence in the global economy, growth slowdown and  a possible  weakening demand in Armenia, the head of the regulator Martin Galstyan said at a press conference on Tuesday.

Euro and ruble exchange rates to the Armenian dram fell, the dollar rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 6, 2025, increased by 0.06 points compared to June 5 and amounted to 383.46 drams.

Inflation of 4.3% registered in Armenia in May

In the consumer market of Armenia, 12-month inflation in May of this year amounted to 4.3%, according to the report of the National Statistical Committee (NSC) of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img