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Daily Archives: Sep 14, 2011

ACBA-Credit Agricole Bank’s assets rise to more than 200 billion drams

Banks
ACBA-Credit Agricole Bank’s assets rise to more than 200 billion drams.

Armenian Finance ministry placed state (treasury) coupon bonds of 1 billion drams

Capital market
On Wednesday Armenian Finance ministry placed AMGN6014A151 mid-term state treasury coupon bonds in the amount of 1 billion drams.

Volume of deposits in commercial banks of Armenia in July increased by 2.2% to 802.8 billion drams

Banks
Volume of deposits in commercial banks of Armenia in July increased by 2.2% to 802.8 billion drams.

First international forum dedicated to the development of local securities market to take place in Armenia

Banks
First international forum dedicated to the development of local securities market to take place in Armenia.

Results of 8-month activity of mandatory car insurance institute in Armenia to be discussed in the national assembly on September 26

Insurance
Results of 8-month activity of mandatory car insurance institute in Armenia to be discussed in the national assembly on September 26.

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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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