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Daily Archives: Jan 22, 2020

Armenia Securities Exchange launched a new government bond auction platform

Capital market
Armenia Securities Exchange said today it has modernized the government bond auction platform with totally new QUIK software

Armenian law-enforcement bodies’ access to banking secrecy expands

Banks
Armenia's National Assembly has approved today in the second and final reading a set of amendments to the laws on criminal procedure and on bank secrecy. Before coming into force they need to be signed into law by the president of the country

Armenian deputy prime minister and ADB Yerevan office head discuss further cooperation

Economy
Armenia's Deputy Prime Minister Tigran Avinyan received today the new director of the Yerevan Office of the Asian Development Bank (ADB) Paolo Spantigati.

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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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