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Daily Archives: Jan 16, 2014

EBRD cuts investments in Russia by 30 percent last year to $1.8 billion

Banks
The European Bank for Reconstruction and Development said Wednesday it had cut investment in new projects in Russia in 2013

Total investments in Armenian government bonds increased by 0.9 % in November 2013 to 272.5 billion drams

Economy
Total investments in Armenian government bonds increased by 0.9 % in November 2013 from the previous month to 272.5 billion drams

Private transfers to Armenia rose 9.8% to $1.7bln in 11 months

Economy
Private transfers through Armenia’s banking system exceeded a total of $1,682 million in January-November 2013, an increase of 9.8% compared to the same period of 2012

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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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