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Daily Archives: Apr 12, 2017

AGBA Leasing CEO presents advantages of investments made through leasing

Banks
eads of consulting firms and small-scale business enterprises participated in a seminar titled ‘Leasing is the best solution for acquiring fixed assets’ that was conducted by AGBA Leasing CEO Arsen Bazikyan

Armenian central bank auctions short-term government bonds worth AMD 1.5 billion

Capital market
The Central Bank of Armenia auctioned Monday 39-week AMGT39081188 government (treasury) bonds worth AMD 1.5 billion, the Armenian finance ministry reports on its website

VTB Bank (Armenia) has special offer for traffic police officers

Banks
VTB Bank (Armenia) has a special offer for traffic police officers, the press office of the bank reported on Wednesday

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Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

Loans show faster growth than deposits in December – Finance Ministry

Financial intermediation by the Armenian banking system in December 2024 continued to outpace economic activity, also characterized by a higher growth rate of loans compared to deposits, according to the Armenian Ministry of Finance's report titled "Review of Macroeconomic Developments. December 2024." Unlike December 2023, the growth in loan volumes (24.2%) exceeded the growth in deposit volumes (13.9%).

Strong demand for mortgages and consumer loans keep interest rates high – Central Bank of Armenia

One of the phenomena faced by the Central Bank of Armenia is the huge demand for loan products, the regulator's head Martin Galstyan said at a press conference on Tuesday.

Armenia’s inflation in 2025 may approach lower threshold of target – Central Bank

The inflation target in Armenia for the current year is set at 3%, and by the end of 2025 it will most likely approach the lower limit, Central Bank Chairman Martin Galstyan said at a press conference on Tuesday.

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