ArmInfo. In Jan-Nov 2015, the lending by Armenian banks dropped by 3.8% to 2.068 trillion AMD as of 1 Oct 2015. According to the National Statistical Service of Armenia, the lending grew by 2.6% as compared to Jan-Nov 2014, and by 1.7% in Nov 2015 versus Oct 2015. Extended and overdue loans exclusive, the lending by the banks amounted to 1.907 trillion AMD.
In Jan-Nov 2015, the AMD lending declined by 3% to 645.7 bln AMD (33.8% of total lending, extended and overdue loans exclusive), with forex lending dropping by 5% to 1.261 trillion AMD or 66.2% of the total amount (extended and overdue loans exclusive). As compared to Jan-Nov 2014, AMD lending dropped by 2.8%, while forex lending grew by 4.6%. In November alone these indices rose by 0.9% and 2.9%, respectively.
In November 2015, the interest rates for AMD loans made up 17.02% versus 17.88% in September, 16.26% in December 2014 and 15.1% a year before. (As of 30 Nov 2015, the AMD/USD exchange rate made up 480.15 AMD/$1).
RUB | 4.22 | 0.04 |
USD | 388.60 | -1.44 |
EUR | 416.73 | 1.10 |
GBP | 485.98 | 4.24 |
CAD | 284.02 | -0.58 |
JPY | 24.99 | -0.21 |
CNY | 53.63 | -0.19 |
CHF | 425.54 | -2.14 |