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Daily Archives: Jan 22, 2016

VTB Bank (Armenia), Eqvilibria (Armenia) offer exclusive service – VTB Airmiles

Banks
VTB Bank (Armenia), jointly with Eqvilibria (Armenia), offers an exclusive service VTB Airmiles to the mass segment of clients, the bank’s press office reported on Friday

ACBA-CREDIT AGRICOLE BANK and Armenian journalists’ football team provide sports gear to children

Banks
ACBA-CREDIT AGRICOLE BANK and Armenian journalists’ football team have provided sports gear to the children’s house of Gavar town in and to a school in Khachik village, the bank’s press office reported on Friday

Over 150 million euros invested in Armenia’s financial sector in 12 months, central bank chairman

Banks
Over 150 million euros have been invested in Armenia’s financial sector in 2015 and early 2016, the chairman of the Central Bank Arthur Javadyan said on Thursday

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Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

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.

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