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Daily Archives: Nov 29, 2019

Credit burden of Armenian consumers will be limited by law

The credit burden of Armenian consumers will be limited by law, Armenuhi Mkrtchyan, head of the Center for Consumer Rights Protection and Financial Education of the Central Bank, said at a parliamentary hearing on credit policy and financial literacy

Share of non-performing individual and corporate loans of Armenia-based commercial banks does not exceed 5%

The share of individual and corporate non-performing loans in the total loan portfolio of 17 Armenia-based commercial banks does not exceed 5%, said Andranik Grigoryan, the head of a Central Bank department overseeing financial stability, when speaking at a parliamentary hearing on credit policy and financial literacy today

Central Depository of Armenia takes over AECSD chairmanship

The Central Depository of Armenia has assumed chairmanship at Association of Eurasian Central Securities Depositories (AECSD), the press office of the depository reports