{"id":63733,"date":"2013-10-14T13:44:12","date_gmt":"2013-10-14T13:44:12","guid":{"rendered":"https:\/\/armbanks.am\/2013\/10\/14\/239541\/"},"modified":"2024-12-15T13:07:34","modified_gmt":"2024-12-15T13:07:34","slug":"net-interest-spread-of-armenian-banks-in-august-drops-by-0-2-p-p-year-on-year-to-5-3-percent","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2013\/10\/14\/63733\/","title":{"rendered":"Net interest spread of Armenian banks in August drops by 0.2 p.p. year-on-year to 5.3 percent"},"content":{"rendered":"<p><strong>YEREVAN, October 14, \/ARKA\/.<\/strong> The net interest spread of Armenian banks in August 2013 decreased by 0.2 percentage points from 2012 August to 5.3%, the Central Bank of Armenia said in a statement posted on its official website.<\/p>\n<p>The net interest spread is the difference between the average interest a bank receives on loans and the average interest it pays on deposits. The net interest spread is one of the main factors that determine a bank&#8217;s profitability.<\/p>\n<p>The net interest spread of deposits in Armenia\u2019s national currency, the dram, is said to have decreased by 0.4 percentage point to about 6 percent, while that of deposits in USD is said to have dropped by 0.03 percentage point to 4.58 percent.<\/p>\n<p>According to the Central Bank, the average interest rate on loans in 2013 August was 14.6 percent (a growth of 0.13 p.p.), while the interest on deposits was 9.3 percent, a growth of 0.4 p.p. There are now 21 commercial banks operating in Armenia. .-0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The net interest spread of Armenian banks in August 2013 decreased by 0.2 percentage points from 2012 August to 5.3%, the Central Bank of Armenia said in a statement posted on its official website<\/p>\n","protected":false},"author":1,"featured_media":157200,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,12163,12857,319],"class_list":{"0":"post-63733","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-armenia-2","10":"tag-banks","11":"tag-percent","12":"tag-319"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/63733","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=63733"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/63733\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157200"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=63733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=63733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=63733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}