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Daily Archives: Jul 6, 2018

Central bank of Armenia may reduce key refinancing rate by 1.5-2 percent, economist says

Banks
Armenia’s Central Bank may reduce the key refinancing rate by 1.5-2% in the medium term, Atom Margaryan, the head of the Center for Innovative and Institutional Research< told journalists on Friday

In June Armenian inflation up 0.9 percent year-on-year

Economy
Consumer prices in Armenia in June 2018 were higher 0.9% as opposed to June 2017, the National Statistical Committee (NSC) said today

VTB Bank (Armenia) starts forgiving fines imposed for delays in repayment of consumer loans

Banks
VTB Bank (Armenia) has started forgiving the fines imposed on its individual clients for delaying repayment of their consumer loans, the bank’s press office reported on Wednesday

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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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