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Daily Archives: Feb 28, 2017

Araratbank CEO: digital banking will be the main trend in 2017

In 2017 Armenian banks will be focusing on the introduction of digital-technology, according to Araratbank CEO Ashot Osipyan

Armenia’s international reserves drop by $133 million in January 2017

Armenia’s gross international reserves in January 2017 stood at $2. 067.3 billion, having decreased by 6% or $133 million over the previous month, according to the Central Bank of Armenia

Armenia’s money supply in January 2017 decreased by 0.86% to 2.161.3 trillion drams

Armenia’s money supply in January 2017 decreased by 0.86% from December 2016 to about 2.161.3 trillion drams, according to the National Statistical Service

Armenia’s monetary base shrinks 12.1% to AMD 916.4 billion in January

Armenia's monetary base shrank 12.1% in January 2017, compared with December 2016, to AMD 916.4 billion, the National Statistical Service reports referring to the central bank's preliminary figures