Dram loans in Armenia become cheaper in June

29.07.2016 14:34
Dram loans in Armenia become cheaper in June

YEREVAN, July 28. /ARKA/. Lending interest rates of Armenia’s commercial banks shed in June, compared with the previous month, according to the central bank’s website.

The regulator says interest rates on dram loans went 1.48 percentage points down to 16.66% and on dollar loans 0.1 p.p. to 9.14%.

Interest rates on dram loans extended for more than one year slid 1.34 percentage points to 16.76% and on loner-than-one-year dollar loans slipped 0.03 points to 10.7%.

Interest rates on dram deposits rose 0.6 percentage points to 12.81% in June, compared with May, while interests on dollar deposits shed 0.12 percentage points to 5.2%.

Interests on longer-than-one year deposits in drams rose 1.14 percentage points to 14.39% and those in dollars by 0.05 percentage points to 6.53%.

In June, the key rate was downed from 7.75% to 7.5%. --0----


Tags: , , ,

Partners news

Related Posts