Daily Archives: Nov 18, 2009

Armenian government to keep taking bailout steps in 2010

Armenian government to keep taking bailout steps in 2010

PM: global recession uncovers most vulnerable sides of Armenian economy

PM: global recession uncovers most vulnerable sides of Armenian economy

Consumer credits rise by 2.4% to 134.6 billion drams

According to the monthly bulletin of Armenia’s Central Bank, the volume of consumer credits, allocated by commercial banks to local economic entities made 134.6 billion Drams in late September 2009.

Crisis reverses Armenia’s steady economic development: WB

Crisis reverses Armenia’s steady economic development: WB

Remittances to Armenia in Jan.-Sept. fall by 34.7 percent

Remittances by Armenians abroad to relatives back home via banks in January-September 2009 fell by 34.7% or $418.5 million against the same period last year, to $786.5 million, according to the monthly bulletin of the central Bank of Armenia.