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Tag: Asatryan

Asatryan: Official rate of monetization of Armenian economy doesn’t reflect real things

Economy
The official rate of monetization of Armenia’s economy doesn’t reflect real things at the money market because shady dealings are commonplace here, Bagrat Asatryan, a former chairman of the Central Bank of Armenia, said today

Armenian experts recommends to diversify savings

Exchange market
The former Chairman of Armenia’s Central Bank Bagrat Asatryan recommends to keep

Bagrat Asatryan: Armenia’s trade deficit believed to grow further

Economy
Bagrat Asatryan, former chairman of the Central Bank of Armenia, speaking Thursday at a news conference, said the country’s trade deficit is set to grow further because the country’s imports exceed exports 4 times.

Expert: Tendency of dram strengthening will stop at the end of the year

Exchange market
Tendency of dram strengthening in Armenia is seasonal and will stop at the end of the year, said ex-head of CB Armenia Bagrat Asatryan.

Bagrat Asatryan: economic decline in Armenia to reach 15% by late 2009

Economy
Bagrat Asatryan, the director general of Garni Invest Universal Credit Organization and a former chairman of the Central Bank of Armenia, thinks Armenia will record 15-percent economic decline in 2009.

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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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