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Daily Archives: May 24, 2019

Basic indicators of financial stability of Armenia showed positive trend in 2019 march

Banks
In March 2019 the basic indicators of financial stability of Armenia showed a positive trend, according to data, published on the official website of the Central Bank

Arka news agency releases bulletin “Credit Organizations of Armenia” for first quarter of 2019

Loans
ARKA news agency has released its economic and financial bulletin “Credit Organizations of Armenia” for the first quarter of 2019. The bulletin is compiled based on officially published financial reports of credit organizations (CO)

Amundi-ACBA Asset Management celebrates fifth anniversary of activities (VIDEO)

Banks
Amundi-ACBA Asset Management marked the fifth anniversary of its activities, the press service of ACBA-CREDIT AGRICOLE BANK reported on May 23

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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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