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Daily Archives: Sep 25, 2017

Armenian government will not make new issue of Eurobonds

Capital market
The government of Armenia has no plans to make a new issue of USD-denominated Eurobonds, finance minister Vardan Aramyan said at a press conference on Monday

Ameriabank wins festivals of intellectual games

Banks
Ameriabank’s team won on Sunday the third traditional contest l of intellectual games called ‘Brain Ring’ involving financial organizations of Armenia

Around $73.28 million bought by Armenian banks last week

Banks
Armenia’s commercial banks bought around $73.28 million from the local foreign currency market on Septemebr 19 to 23 at the average weighted exchange rate of 477.40 drams per one USD, the Central Bank of Armenia reported on Monday

VTB Bank (Armenia) attracting new time deposits with monthly interest payment

Banks
VTB Bank (Armenia) has embarked on attracting from individuals ‘Beneficial’ and ‘Progress’ time deposits with the opportunity of monthly payment of interests, the bank’s press office reported on Monday

USD denominated coupon bonds by Anelik bank listed on NASDAQ OMX Armenia

Banks
Starting from June 13, 2017, USD denomintated coupon bonds issued by “ANELIK BANK” CJSC will be listed on NASDAQ OMX Armenia and included in the bonds main Abond list, the stock exchange’s press office reports

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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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