{"id":87482,"date":"2015-05-11T10:17:28","date_gmt":"2015-05-11T10:17:28","guid":{"rendered":"https:\/\/armbanks.am\/2015\/05\/11\/242843\/"},"modified":"2024-12-15T13:17:52","modified_gmt":"2024-12-15T13:17:52","slug":"armenian-banks-loan-interest-rates-rise-to-19-11-in-march","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2015\/05\/11\/87482\/","title":{"rendered":"Armenian banks\u2019 loan interest rates rise to 19.11% in March"},"content":{"rendered":"<p><strong>YEREVAN, May 11. \/ARKA\/.<\/strong> Armenian banks\u2019 loan interest rates rose by 2.85 percentage points to 19.11% in March 2015, and deposit rates increased by 4.26 percentage points to 15.21%.<\/p>\n<p>According to the central bank data, the increases are recorded for dram loans and deposits for up to one year.<\/p>\n<p>A number of factors have contributed to these increases in Armenia. First of all, it was the raising of the refinancing rate from 8.5% in the beginning of the year to 10.5% that influenced the increase in both loan and deposit rates.<\/p>\n<p>Another decision of the central bank about the raising of the reserve requirement in foreign currency also had a serious impact, having affected the dram liquidity and made the Armenian banks increase their dram deposit rates.<\/p>\n<p>According to the central bank\u2019s information, the dollar loan rate was 9.31% in March 2015, a reduction of 0.48 percentage points from the beginning of the year. At the same time, dollar deposit rates rose by 0.24 percentage points to 5.55%.<\/p>\n<p>Dram loan rates for loan extended for more than one year fell by 0.15 percentage points to 16.93%; similar deposit rates rose by 1.29 percentage points to 14.44%. At the same time, dollar long-term loan rates increased by 0.44 percentage points to 12.77%; rates for deposits placed for more than one year dropped by 0.15 percentage points to 7.05%. \u20130&#8211;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenian banks\u2019 loan interest rates rose by 2.85 percentage points to 19.11% in March 2015, and deposit rates increased by 4.26 percentage points to 15.21%<\/p>\n","protected":false},"author":1,"featured_media":159730,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15837,15418,12160],"class_list":{"0":"post-87482","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-bank-en-2","11":"tag-rate"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/87482","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=87482"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/87482\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/159730"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=87482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=87482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=87482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}