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  • Archive for October 30th, 2019

    Armenian banks' lending amounts to 3.37 trillion drams

    Wednesday, October 30th, 2019

    The amount of lending provided by Armenian banks in the first 9 months of 2019 grew to 3.37 trillion drams, the chairman of the Union of Banks of Armenia Mher Abrahamyan told reporters on Wednesday

    Total capital of Armenia-based commercial banks increase to 818.6 billion drams

    Wednesday, October 30th, 2019

    The total capital of 17 Armenia-based commercial banks in the first 9 months of 2019 increased by 6.2% or 47 billion drams amounting to 818.6 billion drams

    Seventeen Armenia-based commercial banks earn 60.9 billion drams in profit in nine months of 2019

    Wednesday, October 30th, 2019

    Seventeen Armenia-based commercial banks earned a total of 60.9 billion drams in profit in the first nine months of 2019, the chairman of the Union of Banks of Armenia Mher Abrahamyan told reporters on Wednesday

    Key refinancing rate left unchanged, at 5.5% - Armenian central bank

    Wednesday, October 30th, 2019

    The board of the Central Bank of Armenia decided Tuesday at its meeting to leave the key refinancing rate unchanged – at 5.5%, the press office of the regulator reports

    Unibank offers credit card with limit of up to AMD 5 million

    Wednesday, October 30th, 2019

    One of the leaders of retail lending in Armenia – Unibank – offers its customers a credit line of up to 5 million drams for any consumer needs, the press office of the bank reported on Wednesday. According to the press release, the loan can be obtained at any of the bank’s 51 branches. The credit line is issued for a period of up to 5 years at an annual rate of 14.9%