Mon, 31 March
18.1 C
Yerevan
USD: 391.59 RUB: 4.67 EUR: 421.70 GEL: 141.37 GBP: 506.56
spot_img

Mortgage lending by Armenia-based commercial banks almost doubled

YEREVAN, September 17. /ARKA/. The mortgage lending by Armenia-based commercial banks has almost doubled, Armenian Prime Minister Nikol Pashinyan said at a press conference in Vanadzor on Monday.

He said in the first seven months of 2019 a total of 84.5 billion drams worth mortgage loans had been provided, by 90.5% more than in the same time span of 2018.

He also recalled that in July 2019, the number of real estate transactions increased by 17.1% from the year before, while transactions with industrial property grew by 11.7%.

“It is noteworthy that the growth was due to real estate transactions, registered outside the capital Yerevan,” Pashinyan said. ($1 – 476.18 dram) .– 0—

spot_img

POPULAR

US dollar exchange rate fell by 0.69 points against Armenian dram

The average market exchange rate of the US dollar to the Armenian dram on March 11, 2025, totaled 394.04 drams, down 0.69 points compared to March 10.

US dollar to Armenian dram exchange rate remains unchanged

The average market exchange rate of the US dollar to the Armenian dram on March 26, 2025, remained at 391.8 drams, unchanged compared to March 25.

Armenia is experiencing an investment boom: opportunities, barriers and main misconceptions

Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

US Dollar and ruble rise against Armenian dram

The average market exchange rate of the US dollar to the Armenian dram on March 27, 2025, increased by 0.01 points compared to March 26 and amounted to AMD 391.81.

LATEST NEWS

spot_imgspot_imgspot_img