Mon, 23 February
2.1 C
Yerevan
USD: 376.82 RUB: 4.90 EUR: 443.25 GEL: 140.90 GBP: 507.65

In 2018 Armenian pawnshops provided 8.1 billion drams worth loans

YEREVAN, June 7. /ARKA/. In 2018 Armenian pawnshops provided a total of 8.1 billion drams worth loans, which was 2.3% more than in 2017, according to the National Statistical Committee (NSC).
According to the official data, the amount of assets of pawnshops decreased last year by 1.9% to 10.28 billion drams.

During the reporting period, their liabilities amounted to 8.4 billion drams, an increase of 3.6% from the previous year, and funds raised grew by 4% to 7.9 billion drams.

At the end of 2018, there were 127 pawnshops in the country, down from 133 a year earlier -0-

spot_img

POPULAR

Two-thirds of Armenia’s January inflation was driven by rising food and soft drink prices – WB

Two-thirds of the inflation was driven by a 5.9% increase in food and soft drink prices, according to the World Bank's "Armenia Monthly Economic Update – February 2026."

Armenia’s gross reserves up by about USD 100 million, reaching USD5.2 billion in January

In January, the AMD appreciated by 0.4 percent (mom) against the USD and EUR, according to World Bank's «Armenia Monthly Economic Update – February 2026».

Non-commercial money transfers to Armenia increased by 14.2% in December – WB

YEREVAN, February 17. /ARKA/. Net non-commercial money transfers...

Union of Banks of Armenia: cryptocurrency market is gaining momentum with 2-3 banks planning to obtain licenses

The Armenian cryptocurrency market is gaining momentum: 2-3 banks plan to obtain separate licenses to handle these operations, Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated in response to a question from ARKA news agency.

IV Conference Capital Markets Armenia to Take Place on March 13, 2026, in Yerevan

The IV Conference Capital Markets Armenia, an annual international event dedicated to the development of the capital market of the Republic of Armenia and its integration into the global financial system, will be held in Yerevan at the Marriott Hotel.

LATEST NEWS

spot_imgspot_imgspot_img