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Daily Archives: Nov 6, 2015

Armenia’s 12-month inflation is 1.9 percent

Consumer prices in October 2015 increased by 1.9% from the same time span of 2014, the National Statistical Service (NSS) of Armenia said

Despite high interest rates deposits in Armenian commercial banks fall

Despite high interest rates on private deposits in the national currency of Armenia, the dram and foreign currencies, the overall amount of deposits in the local commercial banks in September 2015 stood at 1.405.8 trillion drams

Loan portfolio of Armenian banks’ branches in Karabakh grows 17.3% to AMD 89186.8 million by November 1

The aggregate loan portfolio of Armenian banks' branches operating in Nagorno-Karabakh Republic's territory grew 17.3% over the first ten months of this year, compared with the same period a year before, reaching AMD 89186.8 million by early November