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Armenian banks’ extended loans grew by 11 percent to 107.1 billion drams

31.05.2018 20:38

Armenian banks’ extended loans grew by 11 percent to 107.1 billion drams

YEREVAN, May 31. /ARKA /. The amount of extended loans of Armenian banks at the end of April 2018 stood at 107.1 billion drams, an increase of 11% from the previous month, the National Statistical Committee (NSC) reported.

It should be noted that in early May, Armenian banks said they would not apply fines and penalties to their clients for late payments of loans due to the mass street protests.

According to the NSC, in April, the volume of overdue loans increased by 5.1% to 34.6 billion drams.
The overall lending of Armenian banks to the economy at the end of April stood at 2 620.6 trillion drams (an increase of 1.28% from the previous month).

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Armenian Central Bank keeps key rate unchanged at 6 percent

28.06.2017 09:16

Armenian Central Bank keeps key rate unchanged at 6 percent

Armenia’s Central Bank decided today to keep the refinancing rate unchanged at 6%. The bank said in a statement that a deflation of 0.2% was recorded in May

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Money transfers to Armenia slash by 38 percent over last three years

26.06.2017 21:45

Money transfers to Armenia slash by 38 percent over last three years

The amount of money transfers sent to Armenia mostly by labor migrant in Russia and some other countries has slashed by 38 percent over the past three years, finance minister Vardan Aramyan

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Armenia’s external reserves up 2 percent in one month to $1.982.2 billion

19.06.2017 21:49

Armenia’s external reserves up 2 percent in one month to $1.982.2 billion

Armenia’s external reserves in May 2017 amounted to $1.982.2 billion, having increased by 2% or $42.7 million from the previous month

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NSS: budget revenue collection rate in five months improves by 1.2 percent to more than 441.4 billion drams

01.07.2016 21:57

NSS:  budget revenue collection rate in five months improves by 1.2 percent to more than 441.4 billion drams

Armenia’s budget revenue collection rate in the first five months of 2016 improved by 1.2 percent from the year ago to more than 441.4 billion drams, according to the National Statistical Service (NSS)

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Central bank’s net domestic assets grew by 7.3 percent

22.06.2016 17:34

Central bank’s net domestic assets grew by 7.3 percent

Armenian Central Bank’s net domestic assets in 2016 Aril were 7.3% higher from the previous month, standing at about 451.1 billion drams, according to the regulator’s monthly bulletin for April 2016

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Transactions by Armenian and foreign banks payment cards drop by 3.6 percent in 2015 April

22.06.2016 17:31

Transactions by Armenian and foreign banks payment cards drop by 3.6 percent in 2015 April

The amount of transactions made by using payment cards issued by Armenian and foreign banks in 2015 April across Armenia decreased by 3.6% from March to about 108.4 billion drams

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U.S. dollar drops by 1.36 percentage point over Armenian dram

23.02.2016 22:51

U.S. dollar drops by 1.36 percentage point over Armenian dram

The average market value of US dollar has dropped today by 1.36 percentage points over the Armenian national currency from February 22 to 493.38 drams, the Central Bank said

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Armenia’s Central Bank cuts key rate by 0.5 percent to 9.75%

10.11.2015 20:12

Armenia’s Central Bank cuts key rate by 0.5 percent to 9.75%

Armenia’s Central Bank said on Tuesday it had cut its key refinancing rate to 9.75 percent from 10.25 percent. The annual inflation in the country was at 1.9 percent in October, down from 3.3 percent in September, according to Central Bank dat

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The 12-month inflation in late September was 3.3 percent

07.10.2015 17:49

The 12-month inflation in late September was 3.3 percent

Consumer prices in 2015 September were 3.3 percent higher from 2014 September, according to the latest numbers, released today by the National Statistical Service of Armenia (NSS)

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