Areximbank – Gazprombank Group offers preferences on gold-secured loans

YEREVAN, May 13. /ARKA/. Areximbank – Gazprombank Group announced an offer on extending loans secured by golden jewelry.

Extending three-to-six-month loans with full interest prepayment over the entire term of the loan, the bank takes no lump-sum payment for lending money.

The offer is in force until June 30, 2016. Details are available on the bank’s website.
Areximbank – Gazprombank Group, established in August 1998, is a subsidiary of Russia’s Gazprombank. –0—

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EDB and Armenian Ministry of Finance signed an agreement on provision of technical assistance

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Head of the Central Bank of Armenia explained the cause of February’s inflation

Inflation has components driven by supply and demand factors.

Food and non-alcoholic beverages accounted for approximately 59% of Armenia’s inflation in February – WB

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Armenia’s gross reserves rose to $5.5 billion in February, providing 4.1 months of import coverage – WB

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