{"id":50686,"date":"2013-03-22T12:26:49","date_gmt":"2013-03-22T12:26:49","guid":{"rendered":"https:\/\/armbanks.am\/2013\/03\/22\/237899\/"},"modified":"2024-12-15T13:03:14","modified_gmt":"2024-12-15T13:03:14","slug":"external-debt-of-armenian-commercial-banks-and-credit-organizations-grew-to-1-17-billion-in-quarter-4-2012","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2013\/03\/22\/50686\/","title":{"rendered":"External debt of Armenian commercial banks and credit organizations grew to $1.17 billion in Quarter 4, 2012"},"content":{"rendered":"<p><strong>YEREVAN, March 22. \/ ARKA \/.<\/strong> In the fourth quarter of 2012 the aggregate external debt of Armenia-based commercial banks and credit organizations grew to $1.17 billion from $1.06 billion in the third quarter, an increase of 10.4%, according to the Bulletin of the Central Bank of Armenia for the fourth quarter of 2012.<\/p>\n<p>It said in the reporting period of time the commercial banks and credit organizations raised $759.7 million in foreign loans and spent $626.9 million to repay their external debts.<\/p>\n<p>About 23.2 percent of the loans were long-term, of which 46 percent received from international lending institutions, 25.7 percent from Russia, 12.7 percent from the Netherlands and 6 percent from Luxembourg.<\/p>\n<p>The average interest rate of credit resources raised by Armenian financial institutions in the fourth quarter of 2012 grew from the previous quarter to 6.4%.<\/p>\n<p>About 40% of foreign loans were with floating interest rates (LIBOR, EURIBOR, etc.) with a five year maturity period. During the reporting period the share of short-term loans decreased to 9.5% of all raised loans. ($ 1 &#8211; 417.95 drams). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the fourth quarter of 2012 the aggregate external debt of Armenia-based commercial banks and credit organizations grew to $1.17 billion from $1.06 billion in the third quarter, an increase of 10.4%, according to the Bulletin of the Central Bank of Armenia for the fourth quarter of 2012<\/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":[15837,12790,12390,308],"class_list":{"0":"post-50686","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-news","8":"tag-armenia-2","9":"tag-commercial-banks","10":"tag-credit-organizations","11":"tag-308"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/50686","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=50686"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/50686\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=50686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=50686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=50686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}