Loans in demand in Armenia

Loans in demand in Armenia

February 02, 2013 | 02:10

YEREVAN. – Commercial banks in the foreign currency market have
purchased about $81 million and sold about $85 million, Central Bank
of Armenia informs.

As compared to previous week, the purchase rates remained the same,
while the sales decreased by about $10 million. Last week was very
uncommon regarding the loans. The loans in the national currency made
$100 million, while on US dollar loans made $59.3 million in the
period of Jan. 21 to 27. Weekly index made $160 million, which is even
ahead of the New Year rates.

From: A. Papazian

http://news.am/eng/news/138458.html

Disclaimer: This article was contributed and translated into English by Andres-Papazian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

Direct link to this article: https://www.armenianclub.com/2013/02/02/loans-in-demand-in-armenia/