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Daily Archives: Mar 12, 2013

Investments in Armenian government bonds increase by 1.7 percent from December 2012 to 254.1 billion drams

Investments in Armenian government bonds in January 2013 increased by 1.7 percent from December 2012 to 254.1 billion drams, the Central Bank of Armenia says in its monthly bulletin for January 2013.

Armenian ministry of finance predicts 6.5 percent GDP growth up to 2025

Armenia’s ministry of finance predicts that the Gross Domestic Product (GDP) will be growing annually 6.3-6.5% up to 2025. This figures can be found in the government’s "Long-Term Strategic Development Program for 2012-25.” It forecasts a 6.3 percent economic expansion for 2013

Armenian Government’s net requirements for Central Bank hit AMD 130.7 bln in January, 40% up

Armenian government’s net requirements for the Central Bank totaled 130.7 bln drams in January, an increase of 40 percent compared to December, according to the monthly news report of the Central Bank

Armenian banks’ overdue loan investments up 24.2% to AMD 10.7 bln

Overdue loan investments of the Armenian banks shot up 24.2% to 10.7 billion drams late January 2013 compared with a month earlier, the Central Bank of Armenia said in its monthly news bulletin

Share of Armenian resident banks’ idle assets 4.33% in Jan 2013

The share of Armenian resident banks’ idle assets and the assets written off from books was 4.33% in January 2013 – 1.03% year-on-year growth, the Central Bank of Armenia reports