Armenian banks raise lending to resident enterprises by 2.7% to AMD 794.4 bln in March
17.05.2012
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.
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Commercial banks invested AMD 159.6 bln in Government bonds in March, up by 0.1%
16.05.2012
Armenian banks invested nearly 159.6 billion drams in government bonds in late March of 2012, up 0.1 % from February
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VTB Bank (Armenia) introduces card to card new money transfer service
14.05.2012
VTB Bank (Armenia) said Monday it had joined Visa Money Transfer system and launched the service for the Visa cardholders enabling them to transfer money from one VTB card
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Average interest rate on short-term loans in dram drop by 0.37 p.p. to 17.74 percent
11.05.2012
The average interest rate on short-term loans in the Armenian national currency, the dram, provided by Armenian commercial banks in 2012 March
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Armenian banking system’s first-quarter net income hits AMD 7.8 bln
11.05.2012
Armenian banking system’s net income totaled nearly 7.8 billion drams in the first quarter of this year versus 8.1 billion drams from the same period a year earlier, Central Bank states
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