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Tag: financial sector

Armenian dram remains stable, and financial sector displays high level of capital liquidity – WB

Economy admin -
The Armenian dram remains stable, and the financial sector displays a high level of capital liquidity, according to the World Bank's report on the regional economic development of Europe and Central Asia, published on Wednesday

Top Ten events in Armenia’s financial sector in 2018 – ARKA News Agency

Banks admin -
The outgoing year was marked with political events, particularly with change of power – heads of governing agencies and ministers, including the ministers of the economic sector, were replaced by new persons

Financial sector of Armenia is sound, banks are well capitalized

Banks admin -
Recent mass protests in Armenia have raised concerns over soundness and stability of the country’s financial system

2.2% year-on-year growth in Armenia’s financial sector services

Economy admin -
Services in Armenia’s finance and insurance sectors totaled AMD 118.6 billion in Jan-June 2016 showing a 2.2 percent year-on-year growth

Armenian financial sector’s services grow 2.7% to AMD 37.2 billion in Jan-Feb 2016

Economy admin -
Financial and insurance services worth AMD 37.2 billion were provided in Armenia in January and February 2016, the National Statistical Service reports

Over 150 million euros invested in Armenia’s financial sector in 12 months, central bank chairman

Banks admin -
Over 150 million euros have been invested in Armenia’s financial sector in 2015 and early 2016, the chairman of the Central Bank Arthur Javadyan said on Thursday

Average nominal salary in Armenia’s financial sector sheds 0.9% to AMD 350,305

Economy admin -
The average nominal monthly salary in Armenia's finance and insurance sectors, which are singled out for the highest salaries paid to their employees, went 0.9% down in September 2015

Median salary in Armenia’s financial sector shrinks 10.5% to AMD 526,800 in December

Economy admin -
The median salary in Armenia's financial sector, which is singled out for highest paid jobs, shrank 10.5% in December 2014, compared with December 2013, to 526,797 drams

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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.

Euro exchange rate plunges by 4.12 points to AMD 414.32

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The average market exchange rate of the US dollar to the Armenian dram on January 29, 2024, amounted to 398.27 drams, down 0.09 points compared to January 27.

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