Sun, 3 August
36.1 C
Yerevan
USD: 383.84 RUB: 4.70 EUR: 442.91 GEL: 141.90 GBP: 512.96

Some AMD 3 billion leasing contracts concluded in Armenia’s agro sector in 2023

YEREVAN, December 22. /ARKA/. The total amount of leasing contracts concluded in Armenia’s agro sector in 2023 amounted to AMD 3 billion, while the active portfolio is estimated at AMD 15 billion, according to the Ministry of  Economy.

It specified that 664 units of agricultural machinery were purchased, including 193 tractors and 5 combines.

The amount of premiums colected for agricultural insurance during the reporting period amounted to 1.8 billion drams, and 2.6 billion were paid as damage compensation.

According to the  National Statistical Committee, the output in agriculture rose by 1.7% in 9 months of 2023 to AMD 619.7 billion, while forestry’s  output amounted to AMD 1.8 billion (up 17.7%) and that of fisheries – to AMD 37.4 billion (down 0.8%). ($1 – AMD 405.62) -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Ranking of most profitable banks in Armenia based on results of first quarter of 2025

ARKA news agency publishes the ranking of the most profitable commercial banks in Armenia based on the results of the first quarter of 2025.

Moody’s upgrades Converse Bank’s ratings

Moody's Ratings has upgraded Converse Bank CJSC's long-term local and foreign currency bank deposit ratings to Ba3 from B1, aligning the Bank’s rating with Armenia’s sovereign rating.

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.

LATEST NEWS

spot_imgspot_imgspot_img