YEREVAN, SEPTEMBER 8, ARMENPRESS. Armenian banks have implemented 80 billion drams in crediting under government aid programs during the COVID-19 outbreak in the country, Central Bank President Martin Galstyan said at a news conference.

“This year’s phenomenon is that we record the main growth of crediting in two segments – agro and business loans. And one of the main drivers of the growth are the implementation of the government’s anti-crisis programs, which is executed jointly with the banks. And we’ve implemented around 80 billion drams in crediting by the government’s support programs,” he said.

Reporting by Anna Grigoryan; Editing and Translating by Stepan Kocharyan