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Tag: Bagrat Asatryan

Ex-head of central bank describes economic figures as positive

Economy
Armenia’s economic growth of about 6% this year is within the expected band and is quite positive, the ex-head of the Central Bank Bagrat Asatryan told reporters today

Armenia actually not ready for foreign investments

Economy
Today Armenia is actually not ready for foreign investments, former head of the Central Bank Bagrat Asatryan told journalists on Wednesday

Ex-head of central bank says slumping ruble would affect Armenian market

Economy
The ongoing plunge of Russian ruble could lead to the replacement of Armenia-made goods by Russian-made, warned today an ex-head of the Central Bank of Armenia Bagrat Asatryan

Bagrat Asatryan

Economy
Last answer was made by:
Bagrat Asatryan Bagrat Asatryan
Former chairman of Armenian Central Bank Bagrat Asatryan

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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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