statement
The main channel of financing is SMEs: more than half of financing in national currencies goes to commercial banks for lending to small and medium-sized businesses.
A statement by ЕАБР. Statements are as reported by the cited publishers — not verified by DecisionGateway.
Главный канал финансирования – МСБ. Больше половины финансирования в нацвалютах поступает коммерческим банкам в целях кредитования малого и среднего бизнеса.
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Related claims
In the corporate sector, new programs for financing small and agricultural businesses were highlighted.ARKA Armenia Weekly · statementEDB analysts prepared a brief on how financing in national currencies is structured, who its drivers are and how to make its growth faster.ЕАБР · statementOne of the most discussed norms was the requirement to finance at least 70% of the cost of shared-equity construction through banks.gazetauz · statementGovernment bond yields of about 16% make them attractive to banks compared with lending to enterprises, so the private sector may face limited access to financing and expensive loans.post author · statementSecond-tier banks independently choose where to direct their money.Нацбанка · statementThe Central Bank considers the growth of the share of non-cash payments its achievement: it increases the transparency of the financial system, reduces the costs of issuing and collecting cash and takes money out of the shadow sector of the economy.ЦБ · statement
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