{"id":103686,"date":"2016-11-29T12:10:35","date_gmt":"2016-11-29T12:10:35","guid":{"rendered":"https:\/\/armbanks.am\/2016\/11\/29\/245533\/"},"modified":"2024-12-15T13:26:32","modified_gmt":"2024-12-15T13:26:32","slug":"consumer-lending-by-armenian-banks-grew-by-one-percent-to-427-4-billion-drams","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2016\/11\/29\/103686\/","title":{"rendered":"Consumer lending by Armenian banks grew by one percent to 427.4 billion drams"},"content":{"rendered":"<p><strong>YEREVAN, November 29. \/ARKA\/.<\/strong> The overall consumer lending by Armenia-based commercial banks at the end of October 2016 stood 427.4 billion drams, a 1% rise when compared to the beginning of the year, according to the data, released by the Central Bank.<\/p>\n<p>The regulator said the growth was prompted by a 2.1% increase in consumer loans, provided by the banks in the national currency, while consumer loans provided in foreign currency fell by 2.4%.<\/p>\n<p>Overall, consumer loans in drams accounted approximately for 76.9% or 328.9 billion drams of the total consumer lending, while consumer lending in foreign currency was worth the equivalent of 98.5 billion drams.<\/p>\n<p>Some 170.4 billion consumer lending in drams were credit card loans, 51.4 billion drams worth loans were provided for purchase of household appliances, 90.5 billion drams worth loans were gold-secured, 8.9 billion drams were car loans and 106 billion drams were other consumer loans.<\/p>\n<p>Mortgage lending in the reporting period was said to have grown by 1.5% to 181.6 billion drams. ($ 1 -479.72 drams). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The overall consumer lending by Armenia-based commercial banks at the end of October 2016 stood 427.4 billion drams, a 1% rise when compared to the beginning of the year, according to the data, released by the Central Bank<\/p>\n","protected":false},"author":1,"featured_media":157087,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,12163,15419,12727,323],"class_list":{"0":"post-103686","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-armenia-2","11":"tag-growth-2","12":"tag-lending","13":"tag-323"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/103686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=103686"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/103686\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157087"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=103686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=103686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=103686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}