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Daily Archives: Dec 27, 2016

Armenian central bank cuts refining rate for eighth times this year

Banks
Armenia's Central Bank said today it had cut its refinancing rate to 6.25 percent from 6.5 percent

Armenian central bank auctions 7.2 billion drams worth short-term government bonds

Capital market
Armenia’s Central Bank said it had auctioned December 26 a total of 7.2 billion drams in two issues of short-term government bonds - AMGT13273173 issue with a maturity of 13 weeks and 7.2717% weighted average yield and AMGT26266172 issue with a maturity of 26 weeks and 7.2400% weighted average yield

Armenian central bank auctions midterm government bonds totaling amd 8 billion

Capital market
The Central Bank of Armenia has auctioned two issues of mid-term government bonds totaling AMD 8 billion, the regulator’s press office reported on Tuesday

Armenian central bank auctions short-term government bonds worth AMD 3 billion

Capital market
The Central Bank of Armenia has auctioned 26-week AMGT26236175 government bonds worth AMD 3 billion, the regulator’s press office reported on Tuesday

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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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