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Daily Archives: May 17, 2016

Central bank cuts benchmark rate to 7.75 percent

Armenia's Central Bank Board has cut today the key refinancing rate by 0.5 percentage points, setting it at 7.75%

Armenian central bank cut key rate by 0.5 percentage point to 7.75%

Armenia's Central Bank has decided today to cut the key refinancing rate by 0.5 percentage points, setting it at 7.75%

Armenian central bank’s net domestic assets in march 2016 rose by 6.1% to about 422.2 billion drams

Armenian Central Bank's net domestic assets in March 2016 rose by 6.1% when compared to the previous month

Armenian banks’ overall costs in first quarter of 2016 decreased by 3.81% to 26.1 billion drams

Armenia-based banks' overall expenses in the first quarter of 2016 decreased by 3.81% from the year before to 26.1 billion drams

Armenia central bank auctions 1.5 billion drams short-term government bonds

Armenia’s Central Bank auctioned May 16 some 1.5 billion drams worth short-term government bonds of AMGT52155171 issue maturing in 52 weeks

Demand deposits of individuals and private companies in Armenia’s banks shrink 6.2% in 1st Q 2016

Demand deposits of individuals and private companies in Armenia’s banks have shrunk 6.2%