Thu, 3 July
19.1 C
Yerevan
USD: 384.51 RUB: 4.89 EUR: 452.41 GEL: 141.37 GBP: 526.78

Armenian banks’ overall lending grows by 66.1 billion drams in one month

YEREVAN, March 28. /ARKA/. The total amount of loans provided by Armenian banks stood at 3.216.7 trillion drams in late February 2019, having increased by 66.1 billion drams or 2.1% from the previous month, the Central Bank of Armenia said.

It said the total amount of loans provided to residents at the end of February 2019 stood at 2. 965.3 trillion drams, an increase of 2.17% from the previous month) with 1.377.1 trillion drams worth loans being in the national currency dram, an increase of 2.1% from the previous month, while the equivalent of 1. 588.2 trillion drams were loans in USD, an increase of 2.24%.

According to the Central Bank data, the amount of loans issued by Armenian banks to enterprises in the reporting period amounted to 1.565.7 trillion drams, to households – to 1.178.8 trillion drams, to companies not pursuing a profit – to 117.7 billion drams and to others financial institutions – to 103.1 billion drams.

The total amount of loans provided to non-residents in February 2019 stood at 251.3 billion drams, an increase of 1.25% from the previous month. ($1 – AMD 486.31). -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.

Central Bank of Armenia refrains from forecasting the exchange rate of dram for 2025

The Chairman of the Central Bank of Armenia Martin Galstyan declined today forecasts on the exchange rate of the national currency , the dram, against the US dollar for the next year and did not comment on the impact of the recent fluctuations of the Russian ruble.   

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