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Daily Archives: Jun 10, 2010

Forum of Insurers Will Take Place in Stepanakert

Insurance
Forum of insurers of Armenia will take place in Stepanakert from June 11-13, press-service of Insurers’ Association informs.

CBA Introduced Two Coins in International Competition of Memorial Coins in St. Petersburg

Banks
CBA introduced two memorial silver coins in the 4th international competition of memorial coins “Coin constellation – 2010” in St. Petersburg.

Declining trend in interest rates in Armenia due to high liquidity of banks – Ameriabank

Banks
The declining trend in interest rates on foreign currency loans is due to high liquidity of the banking system of Armenia, CEO-Chairman of the Directorate of CJSC Ameriabank Artak Hanesyan said on Wednesday.

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Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Armenia’s SRC doesn’t see details of citizens’ transactions: committee head – on banking secrecy

“When we talk about access to bank secrecy of a person, we mean the amount of his/her transactions. There is no access to the details of the transactions,” the head of Armenian State Revenue Committee  (SRC) Eduard Hakobyan told  a parliamentary discussion today on the universal income declaration.

Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

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%).

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