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

Russian ruble exchange rate in Armenia exceeded 5 drams: 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 May 13, 2026, increased by 0.01 points compared to May 12, reaching 368.63 drams.

Armenia’s relevant committee approved an increase in the dividend tax for bank shareholders to 15%

At its meeting on Tuesday, the Armenian National Assembly's Committee on Economic Affairs approved draft amendments to the RA Tax Code and the Law "On State Duty," which provide for changes in taxation of the banking sector.

State Revenue Committee of Armenia has identified violations in the cryptoasset sector

The State Revenue Committee of Armenia has identified a number of violations in the sphere of the purchase and sale of cryptoassets and the provision of related services, the agency reports.

Yerevan’s budget revenues for the first four months amounted to 31.6 billion drams, with a 111.2% performance rate

From January to April 2026, the Yerevan budget actually received 31.6 billion drams of its planned 28.5 billion drams in revenues, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

IDBank supports the Opening Event of Wizz Air’s “Let’s Get Lost” Campaign

Participants of the latest edition of Wizz Air’s “Let’s Get Lost” campaign — travelers who boarded a flight without knowing their final destination — have arrived in Yerevan, Armenia.

LATEST NEWS

spot_imgspot_imgspot_img