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Tag: mortgage program

Armenian government and central bank intend to change mortgage program for young families

Economy
The Armenian government and the Central Bank of Armenia are planning to make some changes in the mortgage program for young families, Mesrop Araqelyan, the prime minister’s advisor, reports on his Facebook page

Central bank released 28.9 billion drams to support mortgage programs in 2016

Banks
In 2016 Armenia’s Central Bank released a total of 28.9 billion drams to finance mortgage programs

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Pashinyan: “banking secrecy is no longer a ‘sacred cow’ in democratic countries”

Armenian Prime Minister Nikol Pashinyan said today that banking secrecy cannot be inaccessible to the state.

Euro down 1.47 points to 412.25 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 31, 2024, was 97.35 drams, down 0.57 points compared to January 30.

Armenian company buys Russian subsidiary of Goldman Sachs

Russian President Vladimir Putin has authorised the purchase of Goldman Sachs' unit in Russia by investment company Balchug Capital, a government decree published on Friday showed, Frank Media reports.

US dollar rate down 0.35 points to 397.92 drams

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.

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