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Daily Archives: Dec 13, 2012

Russian authorities charge five-member group for making fake banknotes of Russia, Armenia and Ukraine

Exchange market
Russian law-enforcement authorities have formally charged a five-member criminal group for making fake banknotes of Russia, Armenia and Ukraine

Net internal assets of armenian Central Bank drop by 4.8% to 246.2bln drams in November

Banks
Net internal assets of Armenian Central Bank dropped by 4.8% to 246.2bln drams in November against October

Armenian banks’ investments in government bonds grew to 157.1 billion drams in late October

Banks
Armenian banks’ investments in government bonds grew to 157.1 billion drams in late October, 16.2% up from September

Armenia’s gross international reserves drop 1.1% to $1,739mln

Exchange market
Armenia’s gross international reserves drop 1.1% to $1,739mln

Armenia’s Central Bank places long-term gilts worth 4bln

Banks
rmenia’s Central Banks placed long-term government bonds of AMGT26106136 series worth a total of 4bln drams today

Europe deepens union with ECB as chief bank watchdog

Banks
Europe clinched a deal on Thursday to give the European Central Bank new powers to supervise euro zone banks from 2014

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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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