{"id":82814,"date":"2014-12-18T12:06:04","date_gmt":"2014-12-18T12:06:04","guid":{"rendered":"https:\/\/armbanks.am\/2014\/12\/18\/242064\/"},"modified":"2024-12-15T13:15:22","modified_gmt":"2024-12-15T13:15:22","slug":"foreign-debts-of-armenias-commercial-banks-and-credit-organizations-total-1-157-6-million-in-late-september","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2014\/12\/18\/82814\/","title":{"rendered":"Foreign debts of Armenia\u2019s commercial banks and credit organizations total $1 157.6 million in late September"},"content":{"rendered":"

YEREVAN, December 18. \/ARKA\/.<\/strong> Foreign debts of Armenia\u2019s commercial banks and credit organizations totaled $1 157.6 million in late September after growing 1.5% over the third quarter, the Central Bank of Armenia reports in the latest issue of its bulletin.<\/p>\n

The commercial banks and credit organizations attracted $647.4 million from abroad over the third quarter. They targeted $629.8 million in the third quarter for repaying the loans taken earlier.<\/p>\n

According to the regulator\u2019s bulletin, long-term loans made up 12.5% of the banks and credit organizations\u2019 3rd Q borrowings, and 25.1% of long-term loans were received from Germany, 24.6% from the Netherlands, 14.1% from Russia, 12% from Luxembourg, 6.2% from Austria and 4% from international organizations.<\/p>\n

Russia, with its 16.8-percent share, was the largest lender to Armenia\u2019s commercial banks and credit organizations in late September. Luxembourg (14.3%) was the second biggest creditor and the Netherlands (8.9%) the third.<\/p>\n

Besides, about 34.3% of loans have been extended by international organizations.
\nThe loans have been extended at 6.2% interest rate, on average.<\/p>\n

Loans with a floating interest rate (LIBOR, EURIBOR etc.) made up 48.7% of foreign lending.\u00a0 The average term of repayment was 4.2 year.<\/p>\n

The share of the short-term loans reduced to 10.9% of the aggregate loans. ($1 \u2013 AMD 527.2). —-0—-<\/p>\n","protected":false},"excerpt":{"rendered":"

Foreign debts of Armenia\u2019s commercial banks and credit organizations totaled $1 157.6 million in late September after growing 1.5% over the third quarter, the Central Bank of Armenia reports in the latest issue of its bulletin<\/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":[15837,12163,12275],"class_list":{"0":"post-82814","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-debt"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/82814","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=82814"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/82814\/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=82814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=82814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=82814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}