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Daily Archives: Dec 23, 2013

Armenian Central Bank auctions short-term government bonds worth AMD 500 million

Capital market
On Tuesday, the Central Bank of Armenia sold 13-week AMGT13243140 government treasury bonds worth 500 million drams, the regulator’s press office reports

IFC is first foreign corporate bond issuer in Armenia’s capital markets

Capital market
FC, a member of the World Bank Group, said today it has issued a 2 billion dram (approximately $5 million) bond to strengthen Armenia’s capital markets

Gold price in Armenia drops by 1.87 percent to 14,594 drams per one gram

Economy
The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, has set new prices for government agencies to buy and sell precious stones and metals

VTB bank (Armenia) announces special offer for its customers

Banks
VTB Bank (Armenia) said all its customers who will buy various goods on installment plan from December 23 to March 31, 2014 from its partner organizations, worth 200,000 drams

Nearly $21.4 mln Traded at NASDAQ OMX Armenia stock exchange last week

Capital market
The Central Bank of Armenia said nearly $21.4 million was traded at NASDAQ OMX Armenia stock exchange from December 16 to 20. It stood at $15.8 million from December 9 to 13, according to the report

Armenia’s commercial banks purchase over $103.3mln at intra-banking forex market last week

Banks
Armenian commercial banks purchased more than $103.3mln at a weighted average rate of 404.54 drams per $1 in intra-banking foreign exchange market on December 16-20, the press service of the Central Bank reported

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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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