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Short-term lending interests rise in Armenia in November

10.01.2012 20:18

Short-term lending interests rise in Armenia in November

YEREVAN, January 10. /ARKA/. Average interest rate on short-term loans extended by Armenian commercial banks in drams rose 0.22 percentage points in November, compared with October, to 18.11%, Armenian national statistical service reports.

Interests on deposits went 0.1 percentage points up and averaged 9.28% in late November.

According to the statistical report, the total amount of loans extended by Armenian commercial banks grew 3.4% in November, compared with October, to more than AMD 1.2 trillion.

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Categories: Banks @en, General news, News | Comments Off on Short-term lending interests rise in Armenia in November

Tags: Armenia, RISE, SHORT-TERM LENDING INTERESTS

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