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Daily Archives: Jun 8, 2016

Lending to manufacturing sector drop to 168.8 billion drams

The lending provided by Armenian banks to manufacturing sector was by 0.2% less in April than in the previous month, standing at 168.8 billion drams, according to the monthly bulletin of the Central Bank for April 2016

Lending to Armenian residents grows by 0.1% in April to 2.084 trillion drams

The total lending provided by Armenian commercial banks to residents amounted to 2.084 trillion drams at the end of April 2016, an increase of 0.1% from the previous month, the Central Bank of Armenia said

Private remittances to Armenia fell by 2.5% in four months

Private remittances sent to Armenia in the first four months of 2016 via banks fell by 2.5% year-on-year to $377.7 million, the Central Bank of Armenia said in its monthly bulletin for April 2016

Some $5 million worth Eurobonds traded at Armenia’s secondary securities market in 2016 April, down from $14 million in March

A total of $5 million worth Eurobonds were traded at Armenia’s secondary securities market in 2016 April, down from $14 million traded in March, the Central Bank said in its monthly bulletin for April 2016

Central bank- revaluation of dram causes no concern

The chairman of the Armenian Central Bank Artur Javadyan downplayed Tuesday concerns that the revaluation of the national currency, the dram, may cause damage to the economy