Fri, 9 May
25.1 C
Yerevan
USD: 389.25 RUB: 4.73 EUR: 439.39 GEL: 141.96 GBP: 516.22
spot_img

Armenia to provide Nagorno-Karabakh with 20 billion dram loan

YEREVAN, October 28. /ARKA/. The Armenian government approved Thursday a decision to provide Nagorno-Karabakh with another 20 billion drams worth loan. The loan, provided at 0.01% interest rate is to be repaid until January 1, 2026.

The Nagorno-Karabakh government will use the loan to finance construction of new houses for families that have resettled in Nagorno-Karabakh, as well as to finance liabilities towards banks. ($1 – AMD 399.38). –0–

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Ranking of Armenia’s most profitable banks in 2024

ARKA news agency has released a ranking of the most profitable commercial banks in Armenia in 2024.

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

LATEST NEWS

spot_imgspot_imgspot_img