{"id":95147,"date":"2016-02-10T13:23:00","date_gmt":"2016-02-10T13:23:00","guid":{"rendered":"https:\/\/armbanks.am\/2016\/02\/10\/244191\/"},"modified":"2024-12-15T13:22:12","modified_gmt":"2024-12-15T13:22:12","slug":"loan-interest-rates-in-armenia-likely-to-start-going-down-forecast","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2016\/02\/10\/95147\/","title":{"rendered":"Loan interest rates in Armenia likely to start going down &#8211; forecast"},"content":{"rendered":"<p><strong>YEREVAN, February 10. \/ARKA\/.<\/strong> Loan interest rates in Armenia are likely to start going down, Ruben Melikyan, the financial director of Anelik Bank and a member of its board, said Tuesday in an interview with ARKA News Agency.<\/p>\n<p>In his words, interests on both loans and deposits in drams have already shed \u2013 1.66 percentage points to 15.36% and 1.74 percentage points to 13.33% respectively.<\/p>\n<p>In December, refinancing rate was downed from 9.75% to 8.75%.<\/p>\n<p>\u201cWe are thinking now that interest rates on the attracted financial resources will probably start falling and driving also loan interests down,\u201d Melikyan said in his interview.<\/p>\n<p>He said that as a whole, interest rates on loans are in tune with interests on deposits and obligatory reservation rate.<\/p>\n<p>Melikyan remembered that the obligatory reservation normative was increased in December 2014 from 12% to 24%, but later was lowered to 20%.<\/p>\n<p>\u201cThat was a dramatic growth, but it should be considered along with the macroeconomic indicators assessed by the central bank,\u201d he said. ($1 \u2013 AMD 494.63). &#8212;0\u2014<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Loan interest rates in Armenia are likely to start going down, Ruben Melikyan, the financial director of Anelik Bank and a member of its board, said Tuesday in an interview with ARKA News Agency<\/p>\n","protected":false},"author":1,"featured_media":173143,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15666,15837,12360,13168,12294],"class_list":{"0":"post-95147","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-anelik-bank-2","10":"tag-armenia-2","11":"tag-forecast","12":"tag-interest-rates","13":"tag-loan"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/95147","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=95147"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/95147\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/173143"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=95147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=95147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=95147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}