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Daily Archives: Feb 24, 2010

Former prime minister says Armenian dram on track of losing its value

Exchange market
Former prime minister says Armenian dram on track of losing its value

Total capital of Armenian insurances companies last year rose by 53.9%

Insurance
Total capital of Armenian insurances companies last year rose by 53.9%

ARKA News Agency publishes newsletter indicators of activities of insurance companies for 4th q of 2009

Insurance
ARKA News Agency published a regular quarterly newsletter “Indicators of activities of insurance companies of Armenia” for the fourth quarter of 2009.

Armenian Slavonic university launches exchange trade academy program

Capital market
The Russian-Armenian (Slavonic) University launched Exchange Trade Academy program.

ArmBanks.am - ARKA News Agency financial-banking portal
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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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