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Daily Archives: Jul 28, 2015

Eurasian fund for stabilization and development expects armenian economic growth to slow down to 0.8 percent

Armenia’s economic growth in 2015 may slow down to 0.8%, according to Artak Azizyan, head of a department at the Eurasian Fund for Stabilization and Development, managed by the Eurasian Development Bank

Armenian banks capital grows by 5.4% in first half of 2015 to 502.6 billion drams

The capital of 21 commercial banks operating in Armenia saw a 5.4% increase in the first half of 2015 as opposed to the same time span of 2014 making a total of 502.6 billion drams, according to ARKA news agency's quarterly bulletin "Banks of Armenia."