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Daily Archives: Jun 11, 2024

Armenia’s central bank remains conservative on rate cuts, partly due to overheated property market – Freedom Broker Armenia head

Armenia's Central Bank remains quite conservative on rate cuts, given the protracted period of deflation/low inflation, Freedom Broker Armenia CEO Hovak Hovakimyan said in comments to ARKA news agency on the Central Bank's decision to cut the refinancing rate again.

Ameriabank sale not related to Ruben Vardanyan’s arrest – Chairman of Central Bank of Armenia

The deal on the sale and change of Ameriabank's shareholders is not related to the arrest of former Nagorno-Karabakh State Minister Ruben Vardanyan by Azerbaijan, Chairman of the Central Bank of Armenia Martin Galstein said at a press conference on Tuesday.

Ruben Vardanyan was one of the bank's key shareholders.

Ameriabank sale not related to Ruben Vardanyan’s arrest – Chairman of Central Bank of Armenia

YEREVAN, 11 June. /ARKA/. The deal on the sale and change of Ameriabank's shareholders is not related to the...

Armenia’s Central Bank expects inflation to be within 2.2-2.5 per cent in 2024

The Central Bank of Armenia expects inflation at the end of the year to be within 2.2-2.5 per cent, Chairman of the Central Bank  Martin Galstyan said today.

Acba-supported Yerevan Wine Days over

Yerevan Wine Days, a weekend wine festival, was held in Yerevan for a third year in a row, supported by Acba Bank. The festival welcomed Armenia’s winemakers, sommeliers, and wine connoisseurs in Yerevan’s Saryan street.

Acba-supported Yerevan Wine Days over

Acba-supported Yerevan Wine Days over

Central Bank of Armenia lowers refinancing rate by 0.25 p.p. to 8.00%

The  Central Bank of Armenia Board has lowered today the refinancing rate by another 0.25 percentage points, setting it at 8.00%, the regulator's press service reported.