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Tag: May

Private remittances sent to Armenia via banks in May 2019 grew to $168.9 million,

Banks admin -
The amount of private remittances sent to Armenia via banks in May 2019 totaled $168.9 million, an increase of $29.2 million, or 20.9% as opposed to the same month in 2018, the Central Bank of Armenia said today. It said in May alone the amount of remittances increased by 16.9% from the previous month

Armenian banks increase lending by AMD 63.2 billion in May

Banks admin -
The loans provided by Armenia’s banks in May 2018 total AMD 2 861.2 – this is 2.2% more than the lending of the previous month

1.6% year-on-year inflation recorded in Armenia in May 2018

Economy admin -
Consumer prices in Armenia rose 1.6% in May 2018, compared with May 2017, the National Statistical Committee reported on Thursday

Dram deposits at Armenia’s banks grow in May as dollar deposits shrink

Banks admin -
Residents’ deposits in drams in Armenia grew 1.2% in May 2017, compared with the previous month, to AMD 750 billion, and dollar deposits shrank 0.8% to AMD 1 066.8 billion, the Central Bank of Armenia reports on its website

Private remittances to Armenia fall by 17% in May

Economy admin -
Private remittances sent to Armenia via banks slashed by 17% in May 2016 when compared to the same period of 2015, falling to $109.5 million, the Central Bank said. It said also in May the remittances decreased by 4.8% from April

Transactions totaling AMD 100 billion made in Armenia in May 2014 by using payment cards

Banks admin -
Some 2, 052,722 transactions totaling AMD 100 billion were made in May 2014 by using the payment cards issued by Armenian and foreign banks via all the types of services in Armenia’s territory

Deposits in Armenia’s commercial banks grow 1.1% in Jan-May 2014 to AMD 1630.6 billion

Banks admin -
The total amount of deposits in Armenia’s commercial banks has grown 1.1% since the beginning of this year reaching AMD 1630.6 billion by late May, the National Statistical Service reports

Remittances to Armenia in May upped 6.5% to $140.5 mln

Banks admin -
The amount of private remittances sent to Armenia in May 2013 via banks for non-commercial purposes increased by 6.5 percent from 2012 May to

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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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