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Daily Archives: Feb 3, 2010

CB of Armenia places mid-term treasury coupon government bonds

Capital market
Central Bank of Armenia places mid-term treasury coupon government bonds

Armenian Central Bank approved the program of monetary policy for the first quarter of 2010

Economy
Armenian Central Bank approved the program of monetary policy for the first quarter of 2010

Securities deals on NASDAQ OMX Armenia total Amd 503.6 million in Jan 2010

Capital market
Securities deals on NASDAQ OMX Armenia total Amd 503.6 million in Jan 2010

In January 2010 settlement rate of Armenian dram to us dollar reduced by 0.8%

Exchange market
In January 2010 settlement rate of Armenian dram to us dollar reduced by 0.8%

VTB Bank (Armenia) financed fashion clothing from Italy

Banks
VTB Bank (Armenia) funded the delivery of the famous Italian fashion brand Marina Rinaldi and Maxmara in January 2010 through the opening in favor of the Italian partners of the Armenian company Modamaks.

Ardshininvestbank rated leading bank last year in terms of social payments

Banks
Armenian Ardshininvestbank was the leading Armenian commercial bank last year in terms of mandatory social payments, the bank said to ARKA in a press release. It was also rated the second largest bank in terms of paid taxes.

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Loans show faster growth than deposits in December – Finance Ministry

Financial intermediation by the Armenian banking system in December 2024 continued to outpace economic activity, also characterized by a higher growth rate of loans compared to deposits, according to the Armenian Ministry of Finance's report titled "Review of Macroeconomic Developments. December 2024." Unlike December 2023, the growth in loan volumes (24.2%) exceeded the growth in deposit volumes (13.9%).

Strong demand for mortgages and consumer loans keep interest rates high – Central Bank of Armenia

One of the phenomena faced by the Central Bank of Armenia is the huge demand for loan products, the regulator's head Martin Galstyan said at a press conference on Tuesday.

Armenia’s inflation in 2025 may approach lower threshold of target – Central Bank

The inflation target in Armenia for the current year is set at 3%, and by the end of 2025 it will most likely approach the lower limit, Central Bank Chairman Martin Galstyan said at a press conference on Tuesday.

Draft law on regulating crypto assets will soon be submitted to Armenian government

The draft law developed by the Central Bank of Armenia to regulate crypto assets will soon be submitted to the Armenian government for approval and then sent to parliament, the regulator's chairman Martin Galstyan said at a press conference today.

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