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Tag: ACRA

Armenia’s Ministry of Finance, EDB and ACRA sign Memorandum of Understanding

Banks admin -
Armenia’s Ministry of Finance, the Eurasian Development Bank (EDB) and the Russian Analytical Credit Rating Agency (ACRA) signed today in Yerevan a Memorandum of Understanding

Physical entities can use the service “Self-enquiry online” from November 7 without visiting the office of Armenian bureau ACRA

Loans admin -
Physical entities can use the service “Self-enquiry online” from November 7 without visiting the office of Armenian bureau ACRA.

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US dollar rate down 0.35 points to 397.92 drams

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The average market exchange rate of the US dollar to the Armenian dram as of January 30, 2024, was 397.92 drams, down 0.35 points compared to January 29.

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

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Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Armenia’s 1.5% inflation in December is the highest since April – WB

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Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Armenia’s refinancing rate back to August 2022 level – WB

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The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

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