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Tag: leader

VTB Bank (Armenia) is a leader in terms of paid taxes for 9 months

Banks
VTB Bank (Armenia) was one of the leading banks by size of taxes paid for the first 9 months 2016. The Russian-owned bank paid a total of 2.8 billion drams in various taxes, according to its press release

Study finds VTB Bank (Armenia) most recognizable in Armenia

Banks
A study conducted by the Institute of Political and Sociological Consulting (IPSC) in Armenia’s capital city of Yerevan

Leader Money Transfer System Surprised At Suspension Of Its Activity In Armenia

Banks
Leader International Money Transfer System was surprised to learn that the CBA ruled July 11 to suspend its operation in Armenia

Armenian dram leader

Announces
The Armenian national currency has already regained its lost value after it plunged against the U.S. dollar between March 2009 and March 2010 to AMD 405 per one dollar.

Areximbank-Gazprombank Group to Become Leader In Banking Market Around 2012

Banks
Armenian Areximbank - Gazprombank Group intends to become a leader of the banking sector in Armenia in 2012, said General Director Armen Khandkaryan.

ACBA-Credit Agricole Bank leader among Armenian banks on main indices

Banks
ACBA-Credit Agricole Bank is the leader among Armenian banks on main indices.

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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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