{"id":74276,"date":"2014-04-09T11:45:26","date_gmt":"2014-04-09T11:45:26","guid":{"rendered":"https:\/\/armbanks.am\/2014\/04\/09\/240600\/"},"modified":"2024-12-15T13:10:51","modified_gmt":"2024-12-15T13:10:51","slug":"external-debt-of-armenian-commercial-banks-and-credit-organizations-in-2013-grew-to-1-209-6-billion-central-bank","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2014\/04\/09\/74276\/","title":{"rendered":"External debt of Armenian commercial banks and credit organizations in 2013 grew to $1.209.6 billion, central bank"},"content":{"rendered":"<p><strong>YEREVAN, April 9. \/ ARKA \/.<\/strong> The external debt of Armenian commercial banks and credit organizations in the fourth quarter of 2013 was 3.4 percent higher from the same time span in 2012 growing to $1.209.6 billion.<\/p>\n<p>Compared to the third quarter of 2013 the debt was higher by 10.3%, the Central Bank said in its monthly bulletin.<\/p>\n<p>It said also that commercial banks and credit organizations attracted $376 million in foreign borrowings in the last three months of 2013 and spent also $273.5 million on repayment of their previously received loans.<\/p>\n<p>In the fourth quarter, 42.5% of loans were long-term. Of that amount 25.7% came from Luxembourg, 21.1% from various international organizations, 12.5% from Austria, 9.4% &#8211; from UK, 9, 2% &#8211; from the Netherlands.<\/p>\n<p>By the end of 2013 the main lenders of Armenian commercial banks and credit organizations were Russia -18 % Luxemburg -12, 8 % and the Netherlands &#8211; 7.8%. Approximately 36.4 % of the loans were provided by international organizations. The average interest rate of the provided loans was 5.8%.<\/p>\n<p>Some 47.3% of foreign loans were loans with floating interest rates (LIBOR, EURIBOR , etc.) with average repayment period of 4.2 years.<\/p>\n<p>During the reporting period, the share of short-term loans increased to 10.3 % of the external borrowings. ($ 1 &#8211; 415.23 drams). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The external debt of Armenian commercial banks and credit organizations in the fourth quarter of 2013 was 3.4 percent higher from the same time span in 2012 growing to $1.209.6 billion<\/p>\n","protected":false},"author":1,"featured_media":157557,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,12163,12201,319],"class_list":{"0":"post-74276","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-commercial","12":"tag-319"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/74276","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=74276"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/74276\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157557"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=74276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=74276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=74276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}