Volume of interbank loans in 2016 December drop by 33.5 percent

14.02.2017 19:26
Volume of interbank loans in 2016 December drop by 33.5 percent

YEREVAN, February 14. /ARKA/. The total volume of interbank loans, including repo transactions in Armenia in 2016 December fell by 33.5% from the year before to about 44.1 billion drams, according to the monthly bulletin of the Central Bank for December 2016. Compared with November 2016 interbank loans fell by 26%.

The volume of interbank loans in foreign currency during the reporting period slashed by more than 4 times year-on-year to 9.7 billion drams.

According to the official data, the volume of interbank loans in Armenian drams in 2016 December grew by 32.2% to approximately 34.3 billion drams. To date, there are 17 commercial banks in Armenia. ($ 1 - 486.84 drams). -0-


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