{"id":66508,"date":"2013-11-22T11:05:09","date_gmt":"2013-11-22T11:05:09","guid":{"rendered":"https:\/\/armbanks.am\/2013\/11\/22\/239808\/"},"modified":"2024-12-15T13:08:24","modified_gmt":"2024-12-15T13:08:24","slug":"armenian-banks-lending-to-agriculture-drops-by-2-1-in-q2","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2013\/11\/22\/66508\/","title":{"rendered":"Armenian banks\u2019 lending to agriculture drops by 2.1% in Q2"},"content":{"rendered":"<p><strong>YEREVAN, November 22. \/ARKA\/.<\/strong> Armenian banks\u2019 lending to agricultural sector dropped by 2.1% in the third quarter of 2013 to a total of 105.7 billion drams as of the end of September, according to interim financial reports of the banks for the third quarter.<\/p>\n<p>The overall lending to clients stood at 1,702.3 billion drams as of September 30, 2013 from 1,677.1 billion drams at the end of Q2.<\/p>\n<p>According to an analysis by ARKA, ACBA-CCREDIT AGRICOLE BANK was the leader in lending to agriculture in the period. It accounted for 49.1% of the overall lending to this sector with an outstanding credit portfolio of 51.9 billion drams which constituted 31% of its total lending (54 billion drams at the end of Q2).<\/p>\n<p>Among the leaders in lending are also Bank VTB (Armenia) (about 8bln drams), Ardshininvestbank (about 7.6bln drams), Areximbank- Gazprombank Group (about 6.6bln drams) and ProCredit Bank (about 5.3bln drams).<\/p>\n<p>The share of agricultural loans in overall lending of these banks was 3.9%, 4.7%, 6.6% and 13.7% respectively.<\/p>\n<p>There were 21 banks with 484 branches operating in Armenia as of the end of September 2013. ($1=404.94drams).\u00a0 \u20130&#8211;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenian banks\u2019 lending to agricultural sector dropped by 2.1% in the third quarter of 2013 to a total of 105.7 billion drams as of the end of September<\/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":[12868,12163,12727,505],"class_list":{"0":"post-66508","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-agriculture","10":"tag-banks","11":"tag-lending","12":"tag-505"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/66508","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=66508"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/66508\/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=66508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=66508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=66508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}