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Daily Archives: Sep 5, 2011

Consolidated Supervision And Risk Assessment Very Important For Financial Stability: Central Bank

Banks
Consolidated supervision and financial sector risk assessment is very important for ensuring financial stability in Armenia and creation of a potential for withstanding new financial crises

Central Bank Of Armenia Registers Offering Prospectus Of Artsakh Hydropower Plant

Capital market
The Central Bank of Armenia has registered today the offering prospectus of Artsakh Hydropower Plant (HPP) ojsc, which plans to place 3,673,926 common shares.

Armenian Economy Ministry’s UCO Supporting Small And Medium Entrepreneurship

Loans
Financial resources of Armenian Economy Ministry’s Investments in Small and Medium Businesses Universal Credit Organization are being invested very fast and are mostly aimed at solving the problem.

Areximbank – Gazprombank Group To Extend Loans To Small And Medium Companies In Armenia Under WB Program

Banks
Areximbank – Gazprombank Group CJSC will take part in the World Bank’s program on crediting small and mid-scale businesses in Armenia

State Depository Of Armenia Defined Prices For Precious Metals For The Period Of September 5-11, 2011

Economy
Agency “State depository of precious stones and metals” defined prices for precious metals for the period of September 5-11, 2011.

Armenia occupies tenth place among CIS countries by the level of inflation amounted 0.4% within 7 months of 2011

Economy
Inflation in Armenia in January-July 2011 compared to the same period of 2010 is registered on the level of 0.4%.

Areximbank-Group of Gasprombank offers non-material metallic accounts

Banks
Areximbank-Group of Gasprombank offers non-material metallic accounts.

Office of financial ombudsman in Armenia during 8 months of 2011 compensated the clients 29 million drams

Economy
Office of financial ombudsman of Armenia in January-August 2011 compensated its clients about 29 million drams.

Armenian Central Bank placed state (treasury) coupon bonds of 1.5 billion drams

Capital market
On Monday Armenian Central Bank placed 52-week AMGN6014A151 short-term state treasury coupon bonds in the amount of 1.5 billion drams.

Armenian banks from august 29 to September 2 acquired about $81.6 million

Banks
Armenian banks from august 29 to September 2 acquired about $81.6 million.

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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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