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Daily Archives: Jul 4, 2018

Armenian banks increase lending by AMD 63.2 billion in May

Banks
The loans provided by Armenia’s banks in May 2018 total AMD 2 861.2 – this is 2.2% more than the lending of the previous month

Armenia’s Central Bank warns citizens against using services of Swissquote bank

Banks
The Central Bank of Armenia recommends that citizens avoid using the services provided by the Financial Trading House (FTH) company in partnership with the Swissquote bank, Harut Kbeyan

Armenian banks to forgive penalties and fines of 100,000 citizens

Banks
Attended by bank executives, Prime Minister Nikol Pashinyan held a consultative meeting to discuss the problem of accumulated fines and penalties for agricultural and consumer loans, the government press office reported

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Armenia’s total state debt rose to $12.8 bln by December 2024.

Armenia's overall public debt as of December 31, 2024 amounted to $12,842,240,000, increasing by $274.4 million compared to November 30, 2024, the National Statistical Committee said.

Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Armenia’s SRC doesn’t see details of citizens’ transactions: committee head – on banking secrecy

“When we talk about access to bank secrecy of a person, we mean the amount of his/her transactions. There is no access to the details of the transactions,” the head of Armenian State Revenue Committee  (SRC) Eduard Hakobyan told  a parliamentary discussion today on the universal income declaration.

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.

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