Thu, 4 September
30.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

Consumer loans issued by Armenian banks grow by 3.9% to 451.1 billion drams in late March

YEREVAN, May 11. / ARKA /. Consumer loans issued by Armenian banks as of the end of March 2017 amounted to 451.1 billion drams, an increase of 3.9% compared to the beginning of the year, the Central Bank of Armenia said. It said also consumer loans in Armenian drams amounted to 353.36 billion drams, and consumer loans in foreign currency to the equivalent of 97.8 billion drams.

Also, loans issued through plastic cards amounted to 170.5 billion drams (a decline of 0.05%), car loans dropped by 12.35% to 7.2 billion drams, loans for the purchase of household appliances grew by 0.85% to 60.7 billion drams, loans secured by gold increased by 4.835 to 96.3 billion drams and other consumer loans grew by 12.68% to 116.3 billion drams .

Mortgage lending at the end of March stood at 182.4 billion drams (a decline of 0.7%). -0-

spot_img

POPULAR

Cryptocurrency in Armenia: Stringent Regulations and Elevated Expectations

The future of cryptocurrencies in Armenia was a topic of discussion among participants at the Armenian Cryptocurrency Assets Forum, which recently took place in Yerevan.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Measures to encourage cashless transactions discussed in Armenia

The Armenian government, chaired by Prime Minister Nikol Pashinyan, convened a meeting yesterday to deliberate on initiatives aimed at promoting cashless transactions, the government press service reported.

ArCa payment system reinstated

The Armenian Card (ArCa) payment system has been completely reinstated, according to a report from the company's press service.

Acba Bank’s 66th branch launched

Acba Bank has launched its 66th branch, "Homeplex Mall". The branch is open from Monday to Sunday from 09:00 to 24:00 (cash service: 09:00-21:15).

LATEST NEWS

spot_imgspot_imgspot_img