Armenian banks provide ‘loan holidays ‘ worth 40 billion drams

YEREVAN, April 13. /ARKA/. Armenian banks and credit organizations have provided individuals and legal entities with “loan holidays” worth 40 billion drams, Prime Minister Nikol Pashinyan wrote in a Facebook posting on Monday.

He said as of April 13, Armenian banks have provided ‘loan holidays’ to 320 thousand citizens worth 12 billion drams , as well as to 6,600 legal entities in the amount of 28 billion drams.

Pashinyan said earlier that many citizens were converting their bank deposits in USD to deposits in Armenian drams, which he said was evidence of citizens’ confidence in the anti-crisis policy of the government. ($1 – 491.18 drams) .– 0–

spot_img

POPULAR

Central Bank of Armenia puts into circulation a commemorative silver coin for the 35th anniversary of the Republic

The Central Bank of Armenia will put into circulation a silver commemorative coin, "35th Anniversary of the Republic of Armenia," on September 14, 2026, the regulator's press service reported.

EBRD’s AMD-denominated bonds listed on AMX; Converse Bank acted as underwriter

The AMD-denominated bonds issued by the European Bank for Reconstruction and Development (EBRD) have been listed on the Armenia Securities Exchange (AMX).

EDB forecasts inflation in Armenia at 4.4% by the end of 2026

Inflation in Armenia will reach 4.4% year-on-year by the end of 2026, according to the Eurasian Development Bank (EDB).

Become a Unibank shareholder and acquire perpetual bonds with a 13.25% yield

Unibank is successfully placing newly issued shares worth AMD 3.9 billion as part of Armenia’s first hybrid investment offering.

Market capitalization exceeded 356 billion drams in August – Armenia Securities Exchange

Equity market capitalization in August 2026 exceeded 356.2 billion drams, the press service of the Armenia Securities Exchange (AMX) reported.

LATEST NEWS

spot_imgspot_imgspot_img