Fri, 14 February
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Share of problem loans in Armenia has decreased to 1.2% – EFSD report

The quality of the loan portfolio of Armenian banks has improved due to a decrease in the share of problem debt from 2.4% to 1.2%, according to the regional economic review of the Eurasian Fund for Stabilization and Development (EFSD) “Winter 2024–2025.”

General news

III Capital Markets Armenia to Be Held in Yerevan

On March 20, the annual III Capital Markets Armenia conference—one of the key events for the financial and investment community in the region—will take place at the Marriott Hotel, Yerevan.

Gap between loans and deposits in Armenian banks narrowed 6 times to AMD 89 bln in r 9 months – EFSD

Bank lending growth rates in Armenia exceeded the growth rates of deposits (21.1% and 10.8% y/y, respectively) by the end of September 2024,  contributing to the reduction of excess liquidity in the banking sector, the Eurasian Fund for Stabilization and Development (EFSD) regional economic review “Winter 2024-2025” says.

Significant easing of monetary conditions in Armenia had limited impact on banks’ rates – EFSD

Amid low inflation rates, the Central Bank of Armenia has substantially eased monetary conditions, but this has had a limited impact on banks' rates, the Eurasian Fund for Stabilization and Development's (EFSD) regional economic review “Winter 2024-2025” says.
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Share of problem loans in Armenia has decreased to 1.2% – EFSD report

The quality of the loan portfolio of Armenian banks has improved due to a decrease in the share of problem debt from 2.4% to 1.2%, according to the regional economic review of the Eurasian Fund for Stabilization and Development (EFSD) “Winter 2024–2025.”

Gap between loans and deposits in Armenian banks narrowed 6 times to AMD 89 bln in r 9 months – EFSD

Bank lending growth rates in Armenia exceeded the growth rates of deposits (21.1% and 10.8% y/y, respectively) by the end of September 2024,  contributing to the reduction of excess liquidity in the banking sector, the Eurasian Fund for Stabilization and Development (EFSD) regional economic review “Winter 2024-2025” says.

Significant easing of monetary conditions in Armenia had limited impact on banks’ rates – EFSD

Amid low inflation rates, the Central Bank of Armenia has substantially eased monetary conditions, but this has had a limited impact on banks' rates, the Eurasian Fund for Stabilization and Development's (EFSD) regional economic review “Winter 2024-2025” says.

‘Bad’ loan assistance program launched in Armenia: 1000 applications already submitted

A scheme designed by the Armenian government to support citizens with bad loans started  on February 1 with 1000 beneficiaries having already submitted online applications,  Deputy Minister of Labor and Social Affairs David Khachatryan said today.

ARKA News Agency unveils updated Arkatelecom.am website

ARKA News Agency announces the launch of the updated website Arkatelecom.am — the first specialized resource in the field of high technologies and telecommunications in Armenia, operating since 2008.

 EDB expects inflation to accelerate in Armenia

The pace of price growth in Armenia is expected to gradually increase in the coming months, driven by the easing of monetary policy and the recovery in global food prices, according to the weekly macro review of the Eurasian Development Bank (EDB).

Armenia to start providing loans of up to 15 billion drams for the creation of greenhouse farms

On Thursday, the Armenian government approved a program to stimulate the development of modern, technologically advanced large greenhouse farms.

III Capital Markets Armenia to Be Held in Yerevan

On March 20, the annual III Capital Markets Armenia conference—one of the key events for the financial and investment community in the region—will take place at the Marriott Hotel, Yerevan.

Viva Armenia Issues its First Bonds Worth $80 Million

Viva Armenia CJSC announces the issuance of nominal, coupon paying bonds. The company has issued dollar-denominated bonds with a total face value of $80 million. The underwriter for these bonds is Ameriabank.

Fitch: Armenia plans to issue Eurobonds in the first quarter of 2025

Armenian authorities are planning to issue Eurobonds in the first quarter of 2025 to repay a $313 million Eurobond maturing in March 2025, Fitch Ratings said in a report.

Buy and sell cryptocurrencies for Armenian drams. Bybit opens doors for Armenian crypto-enthusiasts

Bybit announces the addition of a new option enabling enthusiasts to buy cryptocurrencies on the P2P platform for Armenian drams

“Bear market’: sale of crypto-assets or the right time to buy

According to many news reports, cryptocurrencies are experiencing now a "troubled" time and might not survive in this massive bear market

Staking stablecoins: how cryptocurrency exchanges can compete with conventional banks

In less than a decade, cryptoexchanges have forged a path forward that usually takes conventional exchanges decades if not longer. Today, Bybit and other platforms provide their customers with broad access to investments and other tools for making money from cryptoassets having become real competitors to conventional exchanges, especially considering that access to the latter is very difficult for ordinary citizens

S&P reaffirms Armenia’s sovereign credit ratings with stable outlook

On August 23, international credit rating agency S&P Global Ratings reaffirmed Armenia's long-term and short-term sovereign credit ratings in both foreign and local currency at "BB-/B." The agency also maintained its "stable" outlook for the country.

Fitch Ratings has affirmed Armenia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB-‘ with a Stable Outlook.

Fitch Ratings has affirmed Armenia's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook

Development of Armenia’s capital market is hampered by lack of qualified financial intermediaries, investment banks and brokers – AMX CEO

In an exclusive interview with ARKA news agency CEO of Armenian Securities Exchange (AMX) Hayk Yeganyan spoke about the strategy of the exchange, prospects of the securities market development, as well as the obstacles on this path
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