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Daily Archives: Sep 17, 2011

ARF parliament member warns against consequences of new wave of global crisis

Economy
ARF parliament member warns against consequences of new wave of global crisis.

ARF parliament member says low inflation will have no positive impact on living standards of Armenians

Economy
ARF parliament member says low inflation will have no positive impact on living standards of Armenians.

Armenian economy ready to face possible second wave of world crisis- Economy Minister

Economy
Now Armenian economy is more formulated than earlier and is ready to face the possible second wave of world crisis.

Volume of dram deposits in commercial banks of Armenia in July increased by 8.8% to 258 billion drams

Banks
Volume of dram deposits in commercial banks of Armenia in July were 258 billion drams, increased by 8.8% compared to June.

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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