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Daily Archives: Apr 27, 2017

Armenian banks paid 9.8 billion drams in taxes for first quarter of 2017

Banks
The list of Armenia’s 1000 largest corporate taxpayers in the first quarter of 2017 includes all local 17 commercial banks, which paid about 9.8 billion drams in various taxes, up from 9.3 billion drams they had paid for the first quarter of 2016, the State Revenue Committee said

Nominal coupon bonds by Anelik bank listed on NASDAQ OMX Armenia

Banks
Starting from April 27, 2017, nominal coupon bonds issued by ANELIK BANK CJSC will be listed on NASDAQ OMX Armenia and included in the bonds main Abond list, the stock exchange said today

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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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