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

AMX Hosts Auction for 25 Billion Dram Government Bond Issuance

An auction for the issuance of government bonds totaling 25 billion drams took place at the Armenia Securities Exchange (AMX) on October 13, the exchange's press service reported.

A story of people, goals, and trust: Acba Bank’s 30-year journey (VIDEO)

Thirty years ago, a group of young people with a bold vision and rather limited resources launched an enterprise whose future scale was difficult to imagine.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (October 5–11)

Armenia’s financial agenda last week covered inflation trends, capital market activity, new bank bond issuances, and cross-border remittances.

“The Golden Hour”: IDBank explains how to respond effectively to a scam attack

In medicine, there is a concept known as the “golden hour” – the critical time after an injury when assistance is most effective.

The “Physmath Friends” Charitable Foundation is the October beneficiary of “The Power of One Dram”

Within the framework of "The Power of One Dram" initiative, AMD 4,648,503 accumulated during September was directed to organizing the "Climate Change and Women" award ceremony, which aims to highlight women's contributions to combating climate change and preserving biodiversity.

LATEST NEWS

spot_imgspot_imgspot_img