Overdue loans at Armenia’s banks grow 3.3% in February to AMD 33.6 billion

YEREVAN, April 5. /ARKA/. Overdue loans at Armenia’s banks have grown 3.3% over February 2017 to AMD 33.6 billion, the National Statistical Service reports.

Short-term loans have shrunk 7.2% over one month to AMD 15.2 billion, while long-term loans have grown 14% to AMD 18.3 billion.

Loans with prolonged terms totaled AMD 104.3 billion in late February after growing 0.4% over the month.

According to the official statistical report, credit exposure totaled AMD 2 260.2 billion showing a 0.68 month-on-month growth. Loans in drams grew 0.25% to AMD 816.5 billion and loans in foreign currencies 0.9% to AMD 1 443.6 billion.

Aggregate lending has grown 0.7% to AMD 2 398.2 billion. ($1- AMD 483.83). –0—-

spot_img

POPULAR

The risk premium on Armenian Eurobonds has decreased from 400 to 190 basis points: Central Bank Governor

The risk premium on Armenian Eurobonds has decreased significantly, from 400 to 190 basis points, stated Martin Galstyan, Governor of the Central Bank of Armenia.

The international chess tournament supported by IDBank has concluded

The Yerevan Spring ID Cup, organized with the support of IDBank, has successfully concluded.

Central Bank of Armenia maintains the refinancing rate at 6.5%

At its meeting on Tuesday, the Central Bank's Board left the refinancing rate unchanged for the fourth consecutive time at 6.5%, the regulator's press service reported.

Central Bank is not observing capital outflow from Armenia amid regional uncertainty

The Central Bank of Armenia is not observing capital outflow from Armenia amid regional uncertainty, stated Deputy Chairman Hovhannes Khachatryan.

Armenia Needs New Projects to Be Financed by Banks and Pension Funds: Central Bank Governor

Armenia needs high-quality projects that could be financed by banks and pension funds, stated Martin Galstyan, Chairman of the Central Bank of Armenia.

LATEST NEWS

spot_imgspot_imgspot_img