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Daily Archives: May 25, 2015

Central bank auctions 0.5 billion drams worth short-term government bonds

Capital market
Central Bank of Armenia said it has auctioned today 500 million drams worth short-term government bonds of AMGT13248156 issue maturing in 13 weeks

Efficiency of utilization of international loans to be monitored under law in Armenia

Economy
Control over efficient utilization of international loans will be brought under the legal framework, head of the Prosperous Armenia Party faction Naira Zohrabyan said at the 2014 budget execution discussions in the parliament on Monday

Armenia’s public debt level not risky, chief treasurer

Economy
According to Armenia’s chief treasurer Atom Janjughazyan, Armenia is still a country with low debt burden

Children’s entertainment center to open in Yerevan funded by VTB Bank (Armenia)

Banks
VTB Bank (Armenia) has funded a children’s entertainment center construction project in Yerevan, the bank’s press office reported

Nearly $5.55 mln traded at NASDAQ OMX Armenia stock exchange last week

Capital market
The Central Bank of Armenia said nearly $5.55 mln was traded at NASDAQ OMX Armenia stock exchange from May 18 to 22, 2015

Armenia’s commercial banks purchase about $77.6 mln at intra-banking forex market last week

Banks
YEREVAN, May 25. /ARKA/. Armenian commercial banks purchased about $77.6 mln at a weighted average rate of 479.45 drams...

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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%).

Strong demand for mortgages and consumer loans keep interest rates high – Central Bank of Armenia

One of the phenomena faced by the Central Bank of Armenia is the huge demand for loan products, the regulator's head Martin Galstyan said at a press conference on Tuesday.

Armenia’s inflation in 2025 may approach lower threshold of target – Central Bank

The inflation target in Armenia for the current year is set at 3%, and by the end of 2025 it will most likely approach the lower limit, Central Bank Chairman Martin Galstyan said at a press conference on Tuesday.

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