{"id":12517,"date":"2010-06-24T06:10:19","date_gmt":"2010-06-24T06:10:19","guid":{"rendered":"https:\/\/armbanks.am\/2010\/06\/24\/231170\/"},"modified":"2024-12-15T12:47:30","modified_gmt":"2024-12-15T12:47:30","slug":"local-crediting-organizations-expected-to-step-up-their-activity-in-several-months","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2010\/06\/24\/12517\/","title":{"rendered":"Local crediting organizations expected to step up their activity in several months"},"content":{"rendered":"<p><strong>YEREVAN, June 23, \/ARKA\/<\/strong>. A senior official of Armenia\u2019s Central Bank said today local crediting organizations are expected to step up their activity in several months.<\/p>\n<p>Speaking at a news conference Vahe Vardanian, head of a department in charge of financial policy management, said banks are more flexible than crediting organizations and \u2018our past experience shows that crediting organizations usually follow suit.\u2019<\/p>\n<p>On March 31 there were 28 universal crediting organizations in Armenia with 67 branches having extended 53.2 billion Drams worth credits.<\/p>\n<p>Vahe Vardanian said also the demand for credits now is several times lower than before the crisis when it was estimated at 350-400 billion Drams. He added the demand is for credits in the national currency sought mainly by small and medium- sized businesses.<\/p>\n<p>\u201cThere are no doubts that part of population wants credits and the banks are expected to satisfy this demand as the economy continues to expand,\u2019 he said. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A senior official of Armenia\u2019s Central Bank said today local crediting organizations are expected to step up their activity in several months.<\/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":[12202,9216],"tags":[15837,12619],"class_list":{"0":"post-12517","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-loan-organizations","7":"category-news","8":"tag-armenia-2","9":"tag-crediting"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/12517","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=12517"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/12517\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=12517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=12517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=12517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}