Wed, 4 February
2.1 C
Yerevan
USD: 378.44 RUB: 4.93 EUR: 446.07 GEL: 140.62 GBP: 516.76

58.4% growth in investments in Armenian government bonds in December 2016

YEREVAN, February 10. /ARKA/. Aggregate investments in Armenia’s government bonds grew 58.4% in December 2016, compared with the same month a year before, to AMD 508.3 billion, the Central Bank of Armenia says.

According to the regulator, residents’ investments in government bonds totaled AMD 500.3 billion in December 2016 showing a 56.3-percent year-on-year growth.

Armenian banks’ investments in government bonds doubled to AMD 365.5 billion, while the central bank’s investments shrank 26.6% to about AMD 63.1 billion.

Non-bank agents and dealers invested nothing in government bonds in December 2016, and non-bank investors accounted for AMD 71.6 billion (40.6% growth).

Non-residents’ investments in government bonds amounted to AMD 7.9 billion in December 2016 – 10.5 times more than one year earlier. ($1 – AMD 486.66). –0—–

spot_img

POPULAR

Austrian insurance group GRAWE interested in entering the insurance business in Armenia

The Austrian insurance firm GRAWE is keen on entering the Armenian insurance market.

Armenia Ranks Third in Russian Business Account Requests — NSV Consulting

In 2025, Russian business representatives expressed interest in opening accounts in more than 20 foreign jurisdictions.

Central Bank: significant portion of Armenia’s banking system profits generated by exportable services

In recent years, a significant portion of Armenia's banking system profits has been generated by exported banking services, according to Martin Galstyan, the chairman of the Central Bank.

Central Bank of Armenia maintains refinancing rate due to  balance of supply and demand – Galstyan

The Central Bank of Armenia's Board has opted to keep the refinancing rate steady, primarily because of the balance between supply and demand,  stated  the head of the bank, Martin Galstyan.

Central Bank of Armenia reduces maximum commission rates for cashless payments

Last week, the Central Bank of Armenia decided to reduce the fees banks charge businesses for cashless payments, Central Bank Governor Martin Galstyan announced.

LATEST NEWS

spot_imgspot_imgspot_img