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Daily Archives: May 4, 2021

Share of Armenian banks’ bad assets grows to 7.1 percent

The share of “bad” assets of Armenia-based banks is currently 7.1%, said the chairman of the Central Bank Martin Galstyan

Armenian central bank raises refinancing rate by 0.5% to 6%

The Executive Board of Armenia's Central Bank decided today to raise the refinancing rate by 0.5 percentage points, setting it at 6%