Armenia’s banks and credit organizations grant credit vacations to 470,000 individuals and 14,600 legal entities

YEREVAN, April 29. /ARKA/. As of April 27, banks and credit organizations of Armenia together have granted credit vacations or otherwise revised 758,325 loans of 470,000 individuals worth 26.5 billion drams, as well as 16,356 loans of 14,6 00 legal entities in the amount of 48.3 billion drams, the press service of the Union of Banks of Armenia reports.

According to the data of commercial banks, banks alone have revised 698 302 individual loans in the amount of 21.7 billion drams, and 12 788 legal entities loans in the amount of 46.7 billion drams.

A state of emergency in order to suppress the spread of the coronavirus operates in Armenia from March 16 to April 14. Restrictions on free movement and certain types of economic activity in Armenia in a state of emergency (previously imposed for the period from March 24 to March 31) were extended until April 12 inclusive.

On April 13, the government extended the state of emergency for another month – until 17:00 on May 14, 2020 inclusive, expanding the list of business areas that are allowed to work again.

As of April 29, there are 1,932 confirmed COVID-19 cases, 900 recovered patients and 30 deaths in Armenia. ($1 – AMD 479.63). M.V.–0—

spot_img

POPULAR

A 10% or 15% cashback: Acba Leasing’s offer for businesses

In Armenia, green investments are gradually becoming not an alternative, but a strategic choice.

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

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of March 10, 2026, increased by 0.12 points compared to March 9, reaching 377.41 drams.

Let’s Talk Smart About Money: Armenia to Host Global Money Week 2026

The international information campaign "Global Money Week 2026" (GMW2026) will be held in Armenia from March 16 to 22, 2026.

Maximum insurance compensation limits in Armenia’s compulsory motor third-party liability insurance (CMTPLI) system will increase starting April 1

Amendments to the rules of the compulsory motor third-party liability insurance (CMTPLI) system will come into effect in Armenia on April 1, 2026, providing for an increase in maximum insurance payout limits, according to the Bureau of Motor Insurers of Armenia.

Central Bank of Armenia: Sustainable and Sustainability-Linked Bond Market in Early Stages of Development

In its 2025 Sustainability Report, the Central Bank of Armenia notes that the sustainable and sustainability-linked bond market in the country is in its early stages of development.

LATEST NEWS

spot_imgspot_imgspot_img