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Daily Archives: Aug 22, 2012

Central Bank denies rumors that banks refuse to open bank accounts for Syrian Armenians

Banks
Central Bank denies rumors that banks refuse to open bank accounts for Syrian Armenians.

Armenian government will have to pay off $270 million next year

Economy
Armenia’s government will have to put aside $270 million next year to pay off its foreign debt

Armenia’s Central Bank sees no grounds to terminate operation of Iranian Bank in the country

Banks
A high-level official of Armenia’s Central Bank said today there were no grounds for the termination of

Armenian banks don’t operate transactions with U.N. blacklisted iranian citizens- CB

Banks
Armenian banks couldn’t and don’t hold any financial transactions with the citizens of Iran blacklisted by

Armenia’s financial monitoring center investigated one thousand reports about suspicious transactions

Banks
Over the past five years the Financial Monitoring Center (FMC) of Armenia’s Central Bank CBA

Greece needs more time to reform, PM Samaras tells paper

Economy
Greek Prime Minister Antonis Samaras wants international lenders to give his indebted country more time to complete reforms that have been demanded as a condition for financial aid, he told Germany's Bild newspaper

Armenian banks lend AMD 918.3 bln to private enterprises in II Q

Banks
Lending to private enterprises by Armenian banks rose 10% to nearly 918.3 billion drams in the second quarter

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Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Armenia’s SRC doesn’t see details of citizens’ transactions: committee head – on banking secrecy

“When we talk about access to bank secrecy of a person, we mean the amount of his/her transactions. There is no access to the details of the transactions,” the head of Armenian State Revenue Committee  (SRC) Eduard Hakobyan told  a parliamentary discussion today on the universal income declaration.

Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

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%).

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