{"id":76624,"date":"2014-06-10T13:56:38","date_gmt":"2014-06-10T13:56:38","guid":{"rendered":"https:\/\/armbanks.am\/2014\/06\/10\/240948\/"},"modified":"2024-12-15T13:11:53","modified_gmt":"2024-12-15T13:11:53","slug":"external-debt-of-armenian-commercial-banks-and-credit-organizations-drops-to-1-154-4-trillion-in-first-quarter","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2014\/06\/10\/76624\/","title":{"rendered":"External debt of Armenian commercial banks and credit organizations drops to $1.154.4 trillion in first quarter"},"content":{"rendered":"<p><strong>YEREVAN, June 10. \/ ARKA \/.<\/strong> In the first quarter of 2014 the external debt of Armenian commercial banks and credit organizations dropped to $1.154.4 billion from $1.209.6 billion in the fourth quarter of last year, the Central Bank said in its monthly bulletin.<\/p>\n<p>In the first three months of this year the commercial banks and credit organizations attracted $425.5 million in foreign borrowings and also repaid $475.6 million worth earlier attracted loans and interests.<\/p>\n<p>Of foreign borrowings attracted in the first quarter, 5.6% were long-term loans. Interestingly, 29.3% of long-term loans came from Latvia, 11.5% from Luxembourg and 44.4% from various international lending organizations.<\/p>\n<p>At the end of the first quarter this year\u00a0 the main creditor countries of Armenian commercial banks and credit organizations were Russia (16.5%), Luxembourg &#8211; 12.5% and\u00a0 the Netherlands &#8211; 7.6% and about 37.5% of the loans were provided by international organizations.<\/p>\n<p>The weighted average interest rate of attracted loans was 5.9%. About 48.4% of foreign loans were with floating interest rates (LIBOR, EURIBOR, etc.). The average maturity period was\u00a0 4.3 years.<br \/>\nDuring the reporting period, the share of short-term loans increased to 10.8% of all borrowed loans ($ 1 &#8211; 412.86 drams). -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the first quarter of 2014 the external debt of Armenian commercial banks and credit organizations dropped to $1.154.4 billion from $1.209.6 billion in the fourth quarter of last year<\/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":[9214,12202,9216],"tags":[12790,13243,13372],"class_list":{"0":"post-76624","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-loan-organizations","9":"category-news","10":"tag-commercial-banks","11":"tag-external-debt","12":"tag-quarter"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/76624","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=76624"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/76624\/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=76624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=76624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=76624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}