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Tag: ARMENIA ANALYST INFLATION

Central Bank of Armenia has kept the refinancing rate at 6.75% for the fifth time in a row

At its meeting on September 16, the Board of the Central Bank of Armenia left the refinancing rate unchanged at 6.75%.

Collector coin dedicated to the 100th birth anniversary of Henrik Malyan

On September 16, 2025, the Central Bank of Armenia puts into circulation “100th birth anniversary of Henrik Malyan” silver collector coin.

Armenia to receive EUR 50 million loan from EIB for sustainable development of Syunik

At a meeting on Thursday, the Government of Armenia approved a loan agreement between the European Investment Bank (EIB) and the Armenia - Sustainable Syunik program, the Special Investment Window of the Neighborhood and Enhanced Partnership Instrument+ (NIP+) in the amount of EUR 50 million.

About 1 billion drams allocated in Armenia for the program to support borrowers with bad loans

About 1 billion drams have been allocated in Armenia for the program to support individuals with bad loans in Armenia, RA Minister of Labor and Social Affairs Arsen Torosyan announced at a government meeting on Thursday.

Volume of loans issued by commercial banks of Armenia exceeded 7 trillion drams at the end of June

The volume of loans issued by commercial banks of Armenia as of the end of June 2025 amounted to 7,053,648 million drams against 6,866,119 million drams at the end of May.

Armenian bank sees HSBC Malta takeover as gateway to Europe

Ardshinbank has submitted an offer to acquire HSBC Malta, David Sargsyan, deputy chairman of the Armenian bank, told the Times of Malta.

Armenia’s state budget had a deficit of 39.2 billion drams in the first half of the year, according to the Finance Ministry.

The Armenian government’s budget for the first half of the year was executed with a deficit of 39.2 billion drams, which is significantly lower than the projected deficit of 325.3 billion drams, according to a statement released by the Ministry of Finance today.

WB experts assess the growth of credits and deposits in commercial banks of Armenia

In May, commercial bank deposits and credit grew 1 percent (mom) and 1.3 percent (mom), respectively, - stated in the World Bank’s monthly review “Armenia Monthly Economic Update. July 2025”.

Armenian commercial banks paid AMD 107.7 billion in taxes in the first half of 2025

All commercial banks operating in Armenia in January-June 2025 were included in the list of the 1,000 largest taxpayers for the period, having paid more than AMD 107.76 billion to the state budget.

Net non-commercial remittances to Armenia continued to grow to 19.5% in May – WB review

n May, net non-commercial money transfers continued robustgrowth, at 19.5 percent (yoy),- stated in the World Bank’s monthly review “Armenia Monthly Economic Update. July 2025”.

Armenian dram strengthened against dollar by 3% since the beginning of 2025 – WB review

Since the beginning of 2025, the Armenian dram has strengthened against the US dollar by 3%, according to the World Bank's monthly review "Armenia Monthly Economic Update. July 2025".

Armenia approves EAEU agreement on allowing brokers and dealers to trade on exchanges of union countries

t a meeting on Thursday, the Armenian government approved a proposal to sign a draft agreement on granting permission to brokers and dealers of one Eurasian Economic Union member state to participate in organized trades of exchanges (trade organizers) of other EAEU member states.