Armenian central bank’s net domestic assets increase by 1.4% in February to 397.9 billion drams

YEREVAN, April 14. /ARKA/. Armenia’s Central Bank’s net domestic assets increased by 1.4% in February from January 2016 to about 397.9 billion drams, according to the regulator’s monthly bulletin for February.

Central Bank’s claims to the government during the reporting period amounted to minus 123.3 billion drams against minus 156 billion drams in January. Central Bank’s claims to commercial banks fell by 11.6% in January to more than 188.3 billion drams in late February, and other claims reduced by 0.8% to about 332.8 billion drams.

According to the bulletin, net international reserves in February fell by 5.4%  to about 458.8 billion drams, while the monetary base stood at about 856.7 billion drams, a 2.3% decrease from the previous month. ($ 1 – 483.68 drams). -0-

spot_img

POPULAR

IMF mission discusses macroeconomic issues and reforms with Armenian authorities

Armenian Deputy Prime Minister Tigran Khachatryan met with a delegation from the International Monetary Fund (IMF) mission, led by the IMF mission chief for Armenia, Nathan Porter, the Armenian government's press service reported.

Unibank and Picsart Academy Host Kids Day for Children

Unibank and Picsart Academy organized a special Kids Day, combining education and entertainment in an environment where technology meets creativity and imagination.

Team Holding Raises Approximately $35 Million on the Armenian Capital Market via Bond Issuance

Team Holding has completed its corporate bond public offering program in Armenia, raising funds equivalent to approximately $35 million.

Armenian Government Approves 2027 State Budget Draft

At its meeting on Thursday, the Armenian government approved the draft law "On the State Budget of the Republic of Armenia for 2027," which will be submitted to the National Assembly in accordance with established procedure.

VTB (Armenia) offers corporate clients effective solutions for managing idle funds

VTB (Armenia) offers a range of three deposit products for corporate clients, each with different terms for placing funds.

LATEST NEWS

spot_imgspot_imgspot_img