Mon, 24 February
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Yerevan
USD: 394.41 RUB: 4.46 EUR: 412.67 GEL: 140.79 GBP: 498.77
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Average percent rate of mortgage loans in usd in January reduced to 12.4%

YEREVAN, February 22. /ARKA/. Average annual percent rate of mortgage loans in USD in January 2012 compared to the same period of 2011 reduced by 0.4 p.p. to 12.4%, says the site of Central Bank of Armenia.

According to the data, average percent rate in January 2011 of mortgage loams in AMD reduced by 0.1 p.p. to 12.9%.

Along with this, average percent rate of long-term credits in AMD provided by commercial banks of Armenia in January was 17.6% increased by 1.5 p.p. compared to January 2011, and by credits in foreign currency – 13.4% reduced by 1.4 p.p.

Short-term credits in drams in January were provided in average by percent rate of 17.5% instead of 17.7% in January 2011, and credits in foreign currency – by 13.9% instead of 14%. ($1- 389.26 drams).—0—

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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.

Deposits in Armenian banks at the end of 2024 amounted to AMD 6.46 trillion

The amount of deposits in Armenia's commercial banks stood at AMD 6,463,958 million at the end of December 2024 against AMD 5,960,193 million at the end of September, according to the National Statistical Committee.

Central Bank of Armenia has no plans to tighten liquidity requirements for banks (EXCLUSIVE)

Armenia’s Central Bank is not planning to make changes to or revise its current regulatory framework designed for local commercial banks, the regulator’s press service said in  response to  ARKA News Agency's inquiry about whether it was planning to  toughen prudential requirements for banks, particularly, the liquidity ratio because of  the large inflow of non-resident funds

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Euro exchange rate falls by 2.2 points to AMD 411.16

The average market exchange rate of the U.S. dollar to the Armenian dram on February 6, 2025, amounted to 396.83 drams, having increased by 0.25 points compared to February 5.

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