Education loans in April grow by 2.9% to about 4 billion drams

10.06.2016 15:31
Education loans in April grow by 2.9% to about 4 billion drams

YEREVAN, June 10. /ARKA/. In 2016 April Armenian commercial banks provided about 3.98 billion drams worth education loans, by 2.9% more than in March, according to the monthly bulletin of the Central Bank of Armenia.

About 55% of loans or 2.2 billion drams, provided in April were in foreign currency, by 2.2% less than in March.

The amount of loans in drams was 9.6% higher than in March amounting to 1.8 billion drams.
At present, there are 20 commercial banks in Armenia. ($ 1 - 478.87 drams). -0-


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