Percent rates of long-term deposits of physical entities in Armenia reduced in July by 1.3 p.p.

YEREVAN, September 16. /ARKA/. Average percent rates of long-term deposits (for more than 1 year) for physical entities in Armenia in July reduced by 1.3 p.p. compared to the beginning of the year, states the report of Central Bank of Armenia “Summarization of monetary-credit indicators for July 2011”.

Average percent rate for dram deposits of physical entities reduced by 0.1 p.p. and in foreign currency – by 1.2 p.p. making in average 11.3% and 7.1% respectively.

Average percent rate of dram deposits for legal entities reduced by 0.7 p.p. making 9% in July and in foreign currency – by 2.3 p.p. making in average 4.9%. -0-

spot_img

POPULAR

Head of Central Bank of Armenia explained why the strengthening of the dram does not offset the rise in global commodity prices

At a press conference on Tuesday, Martin Galstyan, Chairman of the Central Bank of Armenia, commented on the impact of the strengthening of the dram on the price dynamics of imported goods.

More than just awards: the Junius Financial Tournament has concluded

Complex calculations, tough competition and major victories: the popular among children Junius Financial Tournament has come to an end.

Central Bank Chairman Doesn’t Rule Out Hike in Loan Rates in Armenia

Central Bank of Armenia Chairman Martin Galstyan didn't rule out an increase in loan interest rates in the country if the monetary policy tightening cycle continues.

Central Bank rate hike will not have a significant impact on market sentiment and investment activity in Armenia – Freedom Broker Armenia CEO

Freedom Broker Armenia Director Hovak Hovakimyan does not expect the Central Bank rate hike to have a significant impact on market sentiment and investment activity in the local market.

Unibank Becomes Title Sponsor of Alashkert Football Club

Unibank and a four-time champion of Armenia "Alashkert" Football Club, have expanded their partnership, with the Bank becoming the club’s title sponsor.

LATEST NEWS

spot_imgspot_imgspot_img