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Daily Archives: Jan 31, 2014

Armenian eurobonds begin trading at NASDAQ OMX Armenia exchange

Exchange market
On January 31, 2014 at a special ceremony held at NASDAQ OMX Armenia the launch of the Armenian Eurobonds trading at the exchange market was announced

Armenia’s monetary base grows 19% in December 2013

Economy
Armenia's monetary base grew 19% in December 2013, compared with the previous month, to AMD 888 billion, the National Statistical Service reports referring to the central bank's figures

Armenia’s total debt stood at $4.588.4 billion in late December 2013 -National Statistical Service

Economy
Armenia’s total debt stood at $4.588.4 billion in late December 2013, increasing by 0.8 percent or $35.5 million from the previous month, according to the National Statistical Service (NSS)

Bank VTB (Armenia) best in cooperating with financial ombudsman

Banks
Bank VTB (Armenia) has been recognized as best in cooperating with Armenia’s financial ombudsman office in 2013, the bank’s press office reported

Armenia’s gross international reserves total $2,253mln in December

Economy
Armenia’s gross international reserves amounted to $ 2,253 million in December 2013, an increase of 11.4% compared to November, the Central Bank of Armenia reports

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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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