Armenian banks provide 3.9 billion drams of education loans in October

Banks

YEREVAN, December 12. /ARKA/. In 2016 October Armenian banks provided 3.9 billion drams worth education loans, by 0.8% less than in September’, according to the monthly bulletin of the Central Bank of Armenia for October 2016.

The share of loans provided in October in foreign currency amounted to approximately 47.9%, by 7.5% less than in September.

Education loans in Armenian drams increased by 6.3% from September to over 2 billion drams. ($ 1 – 483.58 drams). -0-

spot_img

POPULAR

Announces

VTB (Armenia) offers corporate clients effective solutions for managing idle funds

VTB (Armenia) offers a range of three deposit products for corporate clients, each with different terms for placing funds.
Announces

IMF mission discusses macroeconomic issues and reforms with Armenian authorities

Armenian Deputy Prime Minister Tigran Khachatryan met with a delegation from the International Monetary Fund (IMF) mission, led by the IMF mission chief for Armenia, Nathan Porter, the Armenian government's press service reported.
Exchange market

Exchange rates of the euro, ruble, and dollar against the Armenian dram have risen – Central Bank of Armenia data

he average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, rose by 0.14 points on September 25 compared to September 24, reaching 363.52 drams.
Economy

Mher Grigoryan Discusses SBA Implementation with Head of IMF Mission to Armenia

During a meeting with a delegation led by Alexander Tieman, Head of the IMF Mission to Armenia, Deputy Prime Minister Mher Grigoryan discussed issues raised within the framework of the second review of the Stand-By Arrangement (SBA) supported by the IMF.
Banks

Idram’s “City of Good Deeds”: From Teamwork to Real Charitable Projects

“City of Good Deeds” was the theme of Idram’s annual team-building event this year, which stood out for its unique purpose.

LATEST NEWS

spot_imgspot_imgspot_img
Previous article
IMF to provide Armenia with $21 million under EFF
IMF to provide Armenia with $21 million under EFF
Next article
VTB Bank (Armenia) MasterCard holders to enjoy 10-percent discounts in duty free zones
VTB Bank (Armenia) MasterCard holders to enjoy 10-percent discounts in duty free zones