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-

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