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Daily Archives: Jun 28, 2010

Road construction insurance institution planned to be established in Armenia

Insurance
Road construction insurance institution planned to be established in Armenia

Armenian Armeconombank expects up-to-12-percent improvement of all its indicators in 2010

Banks
Armenian Armeconombank expects up-to-12-percent improvement of all its indicators in 2010

Armenian development bank lowers prices for serving Mastercard plastic cards for new cardholders

Banks
Armenian development bank lowers prices for serving Mastercard plastic cards for new cardholders

Armenian premier names three factors of high economic growth　

Economy
Armenian premier names three factors of high economic growth　

Araratbank makes coupon payments

Banks
Araratbank makes coupon payments

Armenia’s Central Bank to place 6 billion drams worth bonds in July

Capital market
Armenia’s Central Bank to place 6 billion drams worth bonds in July

Average share of income falling on Armenian bank employee in q1 was 803,000 drams

Banks
Average share of income falling on Armenian bank employee in q1 was 803,000 drams

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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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