All news related to LOANS

Armenian government provides 37 billion drams worth loans to farmers

08.07.2020 17:25

Armenian government provides 37 billion drams worth loans to farmers

YEREVAN, July 8. /ARKA/. As part of Armenian government assistance programs, designed to help farmers overcome the socio-economic consequences of the coronavirus, the latter were provided with 18 thousand loans worth 37 billion drams, Deputy Minister of Economy Arman Khojoyan said at a press conference on Wednesday.

He said the amount was three times the amount of loans issued last year in the same time span. The deputy minister said also that according to the data provided by the Central Bank, 16.2 thousand loans totaling 23 billion drams were provided under the second assistance program

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Armenian banks provided 73 billion drams as loans as part of anti-coronavirus programs

01.07.2020 12:43

Armenian banks provided 73 billion drams as loans as part of anti-coronavirus programs

As part of the government programs designed to offset the consequences of the coronavirus shock, Armenian banks have provided loans worth 73 billion drams, Central Bank Chairman Martin Galstyan said at a news conference on Tuesday

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Armenian central bank chairman: cutting refinancing rate prompted increased demand for loans

30.06.2020 20:56

Armenian central bank chairman: cutting refinancing rate prompted increased demand for loans

The decision of the Central Bank of Armenia to cut the refinancing rate to 4.5% has prompted an increased demand for loans, Central Bank Chairman Martin Galstyan said at a press conference on Tuesday

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Armenian banks have revised 200 billion drams worth loans

27.03.2020 19:34

Armenian banks have revised 200 billion drams worth loans

From March 20 to this day, Armenian banks have revised lending terms for 96,838 individuals and 3,395 legal entities, Armenian Prime Minister Nikol Pashinyan said

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Share of overdue loans drops to record low 0.85% in Armenia

10.02.2020 18:35

Share of overdue loans drops  to  record low 0.85% in Armenia

The share of overdue loans in 2019 dropped to the record low 0.85% of the total lending, Armenian Prime Minister Nikol Pashinyan wrote in a Facebook post

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Armenia to stop taking loans for financing its budget deficit - finance ministry

12.12.2019 14:49

Armenia to stop taking loans for financing its budget deficit - finance ministry

In 2020, Armenia will stop taking loans for financing its budget deficit, Armenian Deputy Finance Minister Armen Hayrapetyan said Thursday at an extraordinary session of the National Assembly

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Armenia to receive $152 million in budget support loans

12.12.2019 14:48

Armenia to receive $152 million in budget support loans

Armenian Deputy Finance Minister Armen Hayrapetyan, speaking Thursday at an extraordinary session of the National Assembly, said Armenia will attract budget-supporting loans totaling $152 million (around €131.4 million).

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Share of non-performing individual and corporate loans of Armenia-based commercial banks does not exceed 5%

29.11.2019 17:46

Share of non-performing individual and corporate loans  of Armenia-based commercial banks does not exceed 5%

The share of individual and corporate non-performing loans in the total loan portfolio of 17 Armenia-based commercial banks does not exceed 5%, said Andranik Grigoryan, the head of a Central Bank department overseeing financial stability, when speaking at a parliamentary hearing on credit policy and financial literacy today

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Some 5.1 percent of loans held by Armenia banks in first half were non-performing

06.11.2019 13:31

Some 5.1 percent of loans held by Armenia banks in first half were non-performing

In the first half of 2019, some 5.1 percent of the loans that banks in Armenia held were non-performing, Andranik Grigoryan, head of a Central Bank department overseeing the financial system’s stability and development, told reporters on Tuesday

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Government to subsidize mortgage loans for 500 Armenian military personnel annually

22.08.2019 18:55

Government to subsidize mortgage loans for 500 Armenian military personnel annually

The government of Armenia approved today a draft decision to introduce a scheme for subsidizing mortgage loans of 500 servicemen annually

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