Wed, 5 February
4.1 C
Yerevan
USD: 396.71 RUB: 4.00 EUR: 409.96 GEL: 139.81 GBP: 492.87
spot_img
type here...

Daily Archives: Feb 1, 2013

World bank to provide armenia with $60 million loan to improve health services and irrigation systems

Banks
Before the end of the current fiscal year (ending June 2013) Armenia will receive a $35 million loan from the World Bank to improve its health facilities and another $22 -$30 million loan for rehabilitation of irrigation systems, head of the Armenian office of the World Bank, Jean-Michel Happi, said today

Money stock in Armenia grows 3.7% to over amd 1346.3 billion in December

Economy
Money stock in Armenia reached over AMD 1346.3 billion by late December after growing 3.7% since late November, the National Statistical Service of Armenia reports referring to the central bank’s figures

VTB Bank (Armenia) launches internet banking service

Banks
The Russian-owned VTB Bank (Armenia) said today it has launched Internet banking service for its individual customers

Monetary base in 2012 December jumps by over 60.1 million drams or 9.4% to 683.8 billion drams

Economy
Armenia’s monetary base in 2012 December grew by over 60.1 million drams or 9.4% when compared to November to around 683.8 billion drams, according to the latest numbers released today by the National Statistical Service. It said cash outside the Central Bank totaled nearly 440.1 billion drams, up from 406.3 billion drams as of late November

Monetary base in 2012 December jumps by over 60.1 million drams or 9.4% to 683.8 billion drams

Economy
Armenia’s monetary base in 2012 December grew by over 60.1 million drams or 9.4% when compared to November to around 683.8 billion drams, according to the latest numbers released today by the National Statistical Service. It said cash outside the Central Bank totaled nearly 440.1 billion drams, up from 406.3 billion drams as of late November

Armenian banks to shift to basel III in 2014

Banks
The transition of Armenian banks to Basel III will start in 2014, the chairman of the Union of Banks of Armenia Ashot Osipyan told a Thursday news conference at Novosti International Press Center

ArmBanks.am - ARKA News Agency financial-banking portal
The materials on this site may not be reproduced or used, in whole or in part, without the prior written permission of the copyright owner ARKA LLC information news agency. Hyperlinks to the ARKA website (armbanks.am) are obligatory. They should be direct, active, non-cryptic and not closed from indexing. The opinion of the authors of materials on the site may not necessarily coincide with those of the editorial staff.

Sections

Latest news

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.

Subscribe to the newsletter

By subscribing to the newsletter, you agree to the service rules and the terms of storage and use of your data.

Subscribe to the newsletter

© 1996-2025 ARKA News Agency. All rights reserved