Armenian banks raise lending to resident enterprises by 2.7% to AMD 794.4 bln in March

YEREVAN, May 17. /ARKA/. The commercial banks of Armenia allocated over 794.4 billion drams in loans to resident enterprises in March of this year, 2.7 % rise from February, according to data published on the website of Armenia’s Central Bank.

Loans in Armenian drams are said to advance by 0.4% to over 154 billion in March from a month earlier, and credits in foreign currency – to increase by 3.3% to over 640.4 billion drams.

Loans in Armenian drams allocated to private enterprises jumped by 0.5% to nearly 151.7 billion drams, and in foreign currency- climbed by 3.2% to 626.9 billion drams within the reported period.

The credits in Armenian drams distributed to public enterprises dropped by 2.5% to nearly 2.3 billion drams, and in foreign currency-by 6.6% to 13.6 billion drams. ($1 – 396.99 drams). —0–

YEREVAN, May 17. /ARKA/. The commercial banks of Armenia allocated over 794.4 billion drams in loans to resident enterprises in March of this year, 2.7 % rise from February, according to data published on the website of Armenia’s Central Bank.

Loans in Armenian drams are said to advance by 0.4% to over 154 billion in March from a month earlier, and credits in foreign currency – to increase by 3.3% to over 640.4 billion drams.

Loans in Armenian drams allocated to private enterprises jumped by 0.5% to nearly 151.7 billion drams, and in foreign currency- climbed by 3.2% to 626.9 billion drams within the reported period.

The credits in Armenian drams distributed to public enterprises dropped by 2.5% to nearly 2.3 billion drams, and in foreign currency-by 6.6% to 13.6 billion drams. ($1 – 396.99 drams). —0–

spot_img

POPULAR

Customer Appreciation Day in Gyumri: IDBank

This time, IDBank’s Customer Appreciation Day, filled with surprises and gratitude, was held at the Bank’s Gyumri branch. Bringing this now traditional event to the regions is part of the Bank’s commitment to staying closer to its customers.

Armenia’s insurance market is undervalued but has significant growth potential: Deputy Governor of the Central Bank

Armenia's economy maintains high growth rates and macroeconomic stability, creating a favorable environment for insurance development, said Deputy Governor of the Central Bank of Armenia Armen Nurbekyan.

Finance Minister Explains Reason for Armenia’s Public Debt Growth

Armenia's public debt in 2025 increased by 8.8% compared to 2024, stated RA Finance Minister Vahe Hovhannisyan.

From Small Steps to Big Changes: “The Power of One Dram” Turns 6

Six years, around 45 foundations, more than 55 projects, and a budget reaching 300 million AMD.

Head of Central Bank discusses the future of banks, the digital dram, and whether public debt allows one to sleep peacefully at night

The Chairman of the Central Bank of Armenia, Martin Galstyan, was a speaker on the Rearrange podcast. The conversation covered a variety of topics, including the prospects of the banking system, the possibility of introducing a digital currency in Armenia, and the topic of public debt.

LATEST NEWS

spot_imgspot_imgspot_img