Central Bank’s total external liabilities amounted to $644.7 million at the end of 2013 December

YEREVAN, February 18. / ARKA /. Armenian Central Bank’s total external liabilities amounted to $644.7 million at the end of 2013 December, having dropped by 11.9 % from the year before, according to the monthly bulletin of the Central Bank for December 2013.

The bulk of liabilities were IMF loans – about 56.6% or $365.1 million- a decrease of 21.4 % when compared to the beginning of 2013. At that liabilities in SDR stood at $135.5 million versus $135.2 million at the end of 2012.

Other loans increased from the beginning of the year by 9.2% to $143.9 million, while some other liabilities jumped by 33.3 percent to $200,000, the Central Bank said.. ($1 – 411.79 drams). -0-

spot_img

POPULAR

Unibank provided cashback to more than 2 000 reliable SME borrowers

In the first quarter of 2026, Unibank’s SME loan portfolio increased by 28% compared to the same period last year.

Chairman of Central Bank: Interest rates on loans for bona fide SMEs may decrease by 1-1.5%

The Central Bank of Armenia has initiated a program to support small and medium-sized businesses, under which interest rates on loans for companies with good credit and tax histories may be reduced by 1-1.5%, stated Central Bank Chairman Martin Galstyan.

Grant Akopian has been elected to the AmCham Board

Grant Akopian, CEO and Chairman of the Management Board of Converse Bank CJSC was elected as the AmCham Board member on April 29.

100 million euros will be allocated for business development in Armenia: ACBA Bank

CBA Bank, in a new partnership with the European Bank for Reconstruction and Development, will allocate 100 million euros to the development of businesses operating in Armenia, with the EBRD bearing the risk of 50 million euros of the financing.

Armenia Central Bank Governor: Open Banking Will Strengthen Clients’ Position with Financial Institutions

The implementation of the Open Banking model in Armenia is aimed at expanding consumer options in their dealings with financial institutions, Martin Galstyan, Chairman of the Central Bank of Armenia, told reporters on the sidelines of the "SME Sector: Impact and Development Challenges" conference.

LATEST NEWS

spot_imgspot_imgspot_img