Fri, 25 April
16.1 C
Yerevan
USD: 389.56 RUB: 4.71 EUR: 444.14 GEL: 141.74 GBP: 518.15
spot_img

Lending to Armenian residents grows by 0.1% in April to 2.084 trillion drams

YEREVAN, June 8. /ARKA/. The total lending provided by Armenian commercial banks to residents amounted to 2.084 trillion drams at the end of April 2016, an increase of 0.1% from the previous month, the Central Bank of Armenia said.

The largest share of the lending – 20.4% or 426.5 billion drams – were consumer loans, a decrease of 0.6% over the month. Another 18% or 377.1 billion drams- were channelled into trade. The share of mortgage loans fell by 0.5% to 8.5% or 176.8 billion. Drams.

The amount of loans provided to residents in drams in the end of April stood at more than 715.9 billion drams, having increased by 0.3% from the previous month.

The share of loans in foreign currencies decreased by 0.1% to the equivalent of about 1.4 trillion drams. There are 20 commercial banks in Armenia currently. ($ 1- 478.28 drams). -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

LATEST NEWS

spot_imgspot_imgspot_img