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

Euro rose 3.82 points against the Armenian dram, while the dollar fell – Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of March 24, 2026, fell 0.06 points compared to March 23, to 377.32 drams.

Euro continued to decline against the Armenian dram, while the dollar and ruble rose: 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 March 30, 2026, rose by 0.36 points compared to March 27, to 377.54 drams.

Papoyan discussed economic reforms, export strategy, and investment with the head of the IMF mission to Armenia

YEREVAN, March 25. /ARКА/. Armenian Economy Minister Gevorg Papoyan...

Pashinyan: Regional Situation Increases Inflation Risks in Armenia

Armenian Prime Minister Nikol Pashinyan commented on the correlation between pension increases and rising inflation.

Euro and ruble exchange rates against the Armenian dram fell, while the dollar continued to rise

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of March 26, 2026, increased by 0.16 points compared to March 25, reaching 377.36 drams.

LATEST NEWS

spot_imgspot_imgspot_img