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Tag: RESIDENT

Yerevan resident accused of stealing large amounts

Banks
Armenia's Investigative Committee (IC) said today it has completed the preliminary investigation into a criminal case that involves thefts through use of computer technology

Resident deposits in Armenian banks slash by almost 26 billion drams

Banks
Resident deposits in Armenia-based commercial banks stood at 2.221.5 trillion drams in late January 2019, having decreased by 25.9 billion drams from late December 2018, the Central Bank said

Commercial banks’ lending to residents in late July was down 0.1% from late June

Banks
Twenty Armenia-based commercial banks’ lending to residents in late July was down 0.1% from late June standing at 2.057.3 trillion drams, the Central Bank of Armenia said

Deposits grow 2.8% in Armenian banks after three-month decline

Banks
Residents’ deposits in Armenia’s commercial banks rose by 2.8% to 1,759.4 billion drams in April this year, after having kept declining in the previous three months, the National Statistical Service reported

Armenian banks’ lending to residents in drams falls 4.5% to AMD 682 billion in March

Banks
Armenian commercial banks’ lending in drams to residents shrank 4.5% in March 2015 to AMD 682 billion and loans in foreign currencies contacted by 3.1% to AMD 1 333.2 billion, the Central Bank of Armenia

Two residents of Armenia charged with embezzling $450,000 in one of local banks

Banks
The Investigative Committee of Armenia has disclosed the circumstances of embezzlement of $450,000 in one of the local banks, and two citizens are charged with the crime, the press office of the committee reported on Tuesday

Residents’ deposits in foreign currencies in Armenia’s banks grow 6.7% to AMD 734.7 billion in October

Banks
Residents’ deposits kept in foreign currencies in Armenia’s commercial banks totaled AMD 734.7 billion in late October after growing 6.7% since the beginning of this year, the Central Bank of Armenia reports at its official website

Ardshininvestbank offers new type of business credits to private resident entrepreneurs

Banks
Ardshininvestbank offers new type of business credits to private resident entrepreneurs

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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.

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

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

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

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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