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Armenian banks’ overall lending grows by 66.1 billion drams in one month

28.03.2019 18:33

Armenian banks’ overall lending grows by 66.1 billion drams in one month

YEREVAN, March 28. /ARKA/. The total amount of loans provided by Armenian banks stood at 3.216.7 trillion drams in late February 2019, having increased by 66.1 billion drams or 2.1% from the previous month, the Central Bank of Armenia said.

It said the total amount of loans provided to residents at the end of February 2019 stood at 2. 965.3 trillion drams, an increase of 2.17% from the previous month) with 1.377.1 trillion drams worth loans being in the national currency dram, an increase of 2.1% from the previous month, while the equivalent of 1. 588.2 trillion drams were loans in USD, an increase of 2.24%.

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Farmers in Armenia may get loans at 3-5% interest rate

14.03.2019 18:13

Farmers in Armenia may get loans at 3-5% interest rate

As part of a government program on subsidizing interest rates, farmers and agricultural cooperatives can get loans at the interest rate of up to 5%

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Reserves at Armenia’s banks for possible losses on loans total AMD 147.7 billion in 2018

15.02.2019 16:50

Reserves at Armenia’s banks for possible losses on loans total AMD 147.7 billion in 2018

Reserves at Armenia’s banks for possible losses on loans totaled AMD 147.7 billion in 2018 – 6.12% or AMD 8.5 billion more than in 2017

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Applications for Unibank’s consumer loans increase 18% to 470,000

15.02.2019 12:21

Applications for Unibank’s consumer loans increase 18% to 470,000

In 2018, Unibank’s «credit conveyor» processed more than 470 000 applications for consumer loans

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Mortgage loans by Armenian banks in 2018 grew by 20% year-on-year

08.02.2019 17:14

Mortgage loans by Armenian banks in 2018 grew by 20% year-on-year

Mortgage loans provided by Armenian banks in 2018 exceeded the figures of the previous year by 20%

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Loans provided by banks of Armenia exceed AMD 3 trillion in late December 2018

06.02.2019 14:02

Loans provided by banks of Armenia exceed AMD 3 trillion in late December 2018

The loans provided by banks of Armenia totaled AMD 3 128.5 billion in late December 2018

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Unibank extends fine-forgiving campaign

22.01.2019 17:51

Unibank extends fine-forgiving campaign

Unibank has extended the process of forgiving fines and penalties on bad loans, the press office of the bank reported on Tuesday

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Banks in Armenia forgive 15,000 citizens’ fines and penalties on overdue loans - Pashinyan

27.12.2018 14:58

Banks in Armenia forgive 15,000 citizens’ fines and penalties on overdue loans - Pashinyan

As a result of the legislative changes implemented by the Armenian government in July 2018, banks have forgiven fines and penalties totaling AMD 7 billion (USD 14.4 million) to 14,963 borrowers

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Government to restructure army officers’ loans

24.12.2018 16:50

Government to restructure army officers’ loans

Armenia’s acting Prime Minister Nikol Pashinyan wrote in a Facebook post that the government is going to restructure loans of several thousand of career and warrant army officers

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ACBA-CREDIT AGRICOLE BANK launches ‘100 Days of Interest-Free Loans” campaign

17.12.2018 18:08

ACBA-CREDIT AGRICOLE BANK launches ‘100 Days of Interest-Free Loans” campaign

ACBA-CREDIT AGRICOLE BANK has launched today a special campaign, called ‘100 Days of Interest-Free Loans,” designed for individual clients

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