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Daily Archives: Jul 24, 2012

Combined amount of transactions in USD at Nasdaq Omx Armenia on July 17-21 slashes by a factor of three

Exchange market
The combined amount of transactions with buying and selling US Dollars at NASDAQ OMX Armenia

Armenian commercial banks buy $76.9 million at local foreex market July 17 and 21

Exchange market
Armenian commercial banks bought a total of $76.9 million at the local foreign currency market

Russian parliament chairman says Customs Union open for Armenia

Economy
Sergey Naryshkin, chairman of the State Duma, the lower house of Russia’s parliament

Equity capital of Armenia’s banks jumps 4.62% to AMD 387.3 bln in II Q

Banks
The equity capital of the banks in Armenia grew 4.62% to nearly 387.3 billion drams in the second quarter

Moody’s downgrades German, Dutch and Luxembourg economic outlook to negative

Capital market
Ratings agency Moody’s has downgraded the economic outlooks in Germany Netherlands and Luxembourg

Combined liabilities of Armenian banks grow by 8.31% from the beginning of the year to 1.685.8 trillion drams

Banks
The combined liabilities of 21 Armenian commercial banks as of June 30, 2012 grew by

Bulk of foreign investments in Armenia arrive from Canada, Russia, Switzerland and France

Economy
The bulk of foreign investments in Armenia in the first half of this year arrived from

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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%).

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.

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