Fri, 30 January
-3.9 C
Yerevan
USD: 379.10 RUB: 5.00 EUR: 452.72 GEL: 140.90 GBP: 522.48

Armenia will provide Artsakh with new interstate loan of 3.5 billion drams

YEREVAN, April 27. /ARKA/. The Armenian government will provide an interstate loan of AMD 3.5bln to the government of Nagorno-Karabakh.

A decision to this effect was made at Thursday’s session of the Armenian government. The decision states that additional funds are allocated to ease the social tension that arose in Nagorno-Karabakh in the post-war period.

The loan will be given to the Artsakh government at an annual interest rate of 0.01% to be repaid until January 1, 2027. ($1 – 386.43 drams).

spot_img

POPULAR

Ranking of the most profitable banks in Armenia by the end of 2025

ARKA News Agency has published a ranking of the most profitable commercial banks in Armenia for 2025.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Euro rises against Armenian dram as USD and ruble drop

The average market exchange rate of the US dollar to the Armenian dram as of January 23, 2026, fell by 0.01 points compared to January 22, to 379.07 drams.

Armenia’s banking sector experienced profit surge of 16% in 2025, reaching 421.3 billion drams

The net profit of Armenia's banking sector for the year 2025 stood at 421.3 billion drams, reflecting a 16.01% increase from 2024.

LATEST NEWS

spot_imgspot_imgspot_img