{"id":61581,"date":"2013-09-13T14:37:33","date_gmt":"2013-09-13T14:37:33","guid":{"rendered":"https:\/\/armbanks.am\/2013\/09\/13\/239335\/"},"modified":"2024-12-15T13:06:56","modified_gmt":"2024-12-15T13:06:56","slug":"external-debt-of-armenia-commercial-banks-and-credit-organizations-in-q-2-dropped-d-by-1-4-percent-to-1-04-billion","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2013\/09\/13\/61581\/","title":{"rendered":"External debt of Armenia commercial banks and credit organizations in Q 2 dropped d by 1.4 percent to $1.04 billion"},"content":{"rendered":"<p><strong>YEREVAN, September 13. \/ ARKA \/.<\/strong> The external debt of Armenia-based commercial banks and credit organizations in the second quarter of 2013 dropped by 1.4 percent from the previous quarter to $1.04 billion, according to the Bulletin of the Central Bank of Armenia for the second quarter. It says commercial banks and credit organizations attracted $714.3 million in foreign loans in the reporting period of time and repaid $691.1 million on earlier attracted loans.<\/p>\n<p>Some 13.1 % of loans were long-term, including 25.7 % from Russia, 23.8 % from Luxembourg, 8.2% from Latvia and 27% from international lending organizations.<\/p>\n<p>In the second quarter the major creditor countries were Russia (17.5 %), Luxembourg (10.4% ), the Netherlands (7.4% ) and Germany ( 4.6%). International organizations accounted for 38.8 percent of loans.<\/p>\n<p>The weighted average interest rate on loan funds raised by Armenian financial institutions in the second quarter showed a slight increase to 5.8 %. About 38.2 % of external loans were loans with a variable interest rate (LIBOR, EURIBOR , etc.). The average maturity of the loans was 4.5 years.<br \/>\nIn the same time span the proportion of short-term loans decreased by 2.6 percentage points to 8% of all attracted lending. ($ 1 &#8211; 409.41 drams). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The external debt of Armenia-based commercial banks and credit organizations in the second quarter of 2013 dropped by 1.4 percent from the previous quarter to $1.04 billion, according to the Bulletin of the Central Bank of Armenia for the second quarter. It says commercial banks and credit organizations attracted $714.3 million in foreign loans in the reporting period of time and repaid $691.1 million on earlier attracted loans<\/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":[12139,9216],"tags":[15837,12790,12142],"class_list":{"0":"post-61581","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy-en","7":"category-news","8":"tag-armenia-2","9":"tag-commercial-banks","10":"tag-credit"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/61581","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=61581"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/61581\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=61581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=61581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=61581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}