Fri, 30 January
-3.9 C
Yerevan
USD: 379.10 RUB: 5.00 EUR: 452.72 GEL: 140.90 GBP: 522.48

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

Suspension of acceptance of payments for Viva Armenia CJSC services through EasyPay platforms

EasyPay LLC informs that, as a result of Viva Armenia CJSC unilaterally terminating the cooperation, starting from February 1, 2026, payments for Viva Armenia CJSC services will no longer be accepted through EasyPay payment instruments.

World Bank names factors behind average annual inflation in Armenia in 2025

In December 2025, Armenia's inflation increased to 3.3 percent (yoy) from 3.1 percent (yoy) in November, according to World Bank's Armenia Monthly Economic Update – January 2026.

Euro rises 4.49 points against  Armenian dram, while  dollar and ruble fall – Central Bank

The average market exchange rate of the US dollar to the Armenian dram on January 25, 2026, fell 0.21 points compared to January 23, to 379.07 drams.

WB: In November 2025, net non-commercial money transfers to armenia grew by 28.8 percent yoy

In November 2025, net non-commercial money transfers grew by 28.8 percent (yoy), , according to World Bank's 'Armenia Monthly Economic Update – January 2026.'

EBRD invested record €426 million in Armenia in 2025

The European Bank for Reconstruction and Development (EBRD) invested a record €426 million in the Armenian economy in 2025 through 26 projects, the bank's press service reported.

LATEST NEWS

spot_imgspot_imgspot_img