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

Institute of Theater and Cinematography has implemented the latest video editing software

A new stage of development has begun at the Yerevan State Institute of Theater and Cinematography.

Head of CBA has ruled out excess profits at banks

The idea of ​​excess profits in the Armenian banking system is unfounded, and banks themselves remain one of the most transparent sectors of the country's economy.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 22, 2026, fell by 0.08 points compared to June 19, to 368.07 drams.

Euro, dollar, and ruble exchange rates against the Armenian dram fell: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 24, 2026, fell by 0.15 points compared to June 23, to 367.93 drams.

Yerevan’s budget revenues exceeded targets by 9.7% for the first five months

As of May 31, 2026, Yerevan's budget revenues totaled 40.3 billion drams, compared to the planned 36.4 billion drams for January-May, reported David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

LATEST NEWS

spot_imgspot_imgspot_img