Wed, 7 January
-11.9 C
Yerevan
USD: 381.55 RUB: 4.72 EUR: 445.99 GEL: 141.60 GBP: 513.64

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

Armenian banks tighten checks on Russian transactions

Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Residential real estate prices in Armenia increased by 5.5% in the third quarter: the Central Bank released a new indicator

The Central Bank of Armenia has published the Residential Real Estate Price Index (RRI).

Team Holding’s $9 million and AMD 1.4 billion bond placement completed ahead of schedule: Freedom Broker Armenia served as underwriter

Team Holding announced the successful and early completion of the first round of its nominal coupon bond placement, according to the press service of Freedom Broker Armenia investment company.

Armenia’s state budget deficit for the first 11 months amounted to 265.4 billion drams, an increase of 14.3%

The Ministry of Finance of Armenia presented the republic's state budget execution indicators for January-November 2025.

LATEST NEWS

spot_imgspot_imgspot_img