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Daily Archives: Feb 19, 2020

IDBank’s 5 million USD bonds are listed on the Armenian Securities Exchange

Banks
The bell of the Armenian Securities Exchange announced the listing of IDBank’s dollar bonds of 2nd issue of 2019, the bank said today in a press release

Hobby that has developed into big business ‘Matevosyan Wine’ (VIDEO)

Banks
Eighteen years ago, Vahram Matevosyan from Vayots Dzor province's village of Aghavnadzor, along with his family, started producing wine - Matevosyan Wine

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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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