{"id":11199,"date":"2010-05-13T16:31:37","date_gmt":"2010-05-13T16:31:37","guid":{"rendered":"https:\/\/armbanks.am\/2010\/05\/13\/231024\/"},"modified":"2024-12-15T12:47:10","modified_gmt":"2024-12-15T12:47:10","slug":"interest-rates-on-credits-drop-by-2-percent","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2010\/05\/13\/11199\/","title":{"rendered":"Interest Rates on Credits Drop by 2 Percent"},"content":{"rendered":"<p>YEREVAN, May 13, \/ARKA\/. Ararat Ghukasian, chairman of the Union of Armenian Banks, said to a news conference today that interest rates on various credits dropped by 2% this year.<\/p>\n<p>Interest rates on consumer credits are about 20% now, business credits are provided at 16% and mortgage credits at 14%, he said, adding that the reduction in interest rates on credits and deposits is expected to give a boost to economic recovery.<\/p>\n<p>In comments on a recent decision by the Central Bank to raise its benchmark refinancing rate by 0.25 percentage point to 7.25%, Ararat Ghukasian said he believes this rate will be preserved throughout the year. ($1 \u2013 389.47 Drams). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ararat Ghukasian, chairman of the Union of Armenian Banks, said that interest rates on various credits dropped by 2% this year.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[524],"class_list":{"0":"post-11199","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-news","8":"tag-524"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/11199","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=11199"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/11199\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=11199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=11199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=11199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}