{"id":251326,"date":"2024-01-31T11:44:52","date_gmt":"2024-01-31T11:44:52","guid":{"rendered":"https:\/\/armbanks.am\/2024\/01\/31\/251326\/"},"modified":"2024-01-31T11:44:52","modified_gmt":"2024-01-31T11:44:52","slug":"consumer-and-mortgage-loans-in-armenia-grow-to-over-amd-1-trillion-in-2024-central-bank","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2024\/01\/31\/251326\/","title":{"rendered":"Consumer and mortgage loans in Armenia grow to over AMD 1 trillion in 2024 &#8211; Central Bank"},"content":{"rendered":"\n<p><strong>YEREVAN, January 31. \/ARKA\/. <\/strong>Consumer and mortgage loans\u00a0issued by Armenia-based comemrcial banks\u00a0have grown to more than AMD 1 trillion each\u00a0in early 2024, the head of the Central Bank Martin Galstyan said Tuesday.<\/p>\n\n\n\n<p>He&nbsp;added&nbsp;&nbsp;that consumer loans in 2023 surged by&nbsp;&nbsp;24.1% and the assumptions that the construction boom would&nbsp;&nbsp;be followed by&nbsp;home furnishing&nbsp;appeared to be true.<\/p>\n\n\n\n<p>&#8220;Consequently, according to our estimates, the growth of consumer loans will continue for the time being during the year,&#8221; Galstyan said at a press conference.<\/p>\n\n\n\n<p>According to the head of the regulator, the growth of this type of lending at the moment does not generate any significant systemic risks that require special attention.<\/p>\n\n\n\n<p>According to the Central Bank, the loan portfolio of Armenian banks at the end of December 2023&nbsp;stood at&nbsp;o AMD 5.15 trillion, up from&nbsp;&nbsp;AMD 4.21 trillion at the end of December 2022.<\/p>\n\n\n\n<p>The volume of loans extended to residents amounted to AMD 4.88 trillion and to non-residents to AMD 269.8 billion. ($1 &#8211; AMD 403.96) -0-.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Consumer and mortgage loans\u00a0issued by Armenia-based comemrcial banks\u00a0have grown to more than AMD 1 trillion each\u00a0in early 2024, the head of the Central Bank Martin Galstyan said Tuesday<\/p>\n","protected":false},"author":1,"featured_media":157118,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[],"class_list":{"0":"post-251326","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/251326","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=251326"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/251326\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157118"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=251326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=251326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=251326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}