{"id":74832,"date":"2014-04-18T12:19:36","date_gmt":"2014-04-18T12:19:36","guid":{"rendered":"https:\/\/armbanks.am\/2014\/04\/18\/240674\/"},"modified":"2024-12-15T13:11:05","modified_gmt":"2024-12-15T13:11:05","slug":"difficulties-in-russian-economy-did-not-affect-armenian-economy-central-bank-official","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2014\/04\/18\/74832\/","title":{"rendered":"Difficulties in Russian economy did not affect Armenian economy \u2013 Central Bank official"},"content":{"rendered":"<p><strong>YEREVAN, April 18. \/ ARKA \/.<\/strong> The problems experienced currently by the Russian economy have had no adverse effect on the financial stability of Armenia, said Andranik Grigoryan, head of a Central Bank department in charge of stability and financial system development.<\/p>\n<p>According to the Central Bank data, private remittances to Armenia in January-February this year amounted to $205.1 million, up almost 10 percent from the same time span in 2013. Almost 80% of total private money transfers &#8211; approximately $ 164 million- came from Russia.<\/p>\n<p>According to Grigoryan, the amount of money transfers from Russia is on the continuing rise having<br \/>\npositive effect on the financial stability of Armenia, but the Central Bank has modeled possible developments in the case of a significant decline in private remittances from Russia.<\/p>\n<p>&#8220;Since we have a fairly high level of capital adequacy &#8211; much higher than the minimum required, and along with that we have a sufficiently liquid financial system the impact of a possible decline in remittances will not have significant effect on our financial stability,&#8221; said Grigoryan.<\/p>\n<p>According to Russian economic development ministry, the growth of economy in the first quarter of 2014 was only 0.8 %. -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The problems experienced currently by the Russian economy have had no adverse effect on the financial stability of Armenia, said Andranik Grigoryan, head of a Central Bank department in charge of stability and financial system development<\/p>\n","protected":false},"author":1,"featured_media":157567,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[15837,12656,12146,315],"class_list":{"0":"post-74832","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy-en","8":"category-news","9":"tag-armenia-2","10":"tag-econom","11":"tag-russia","12":"tag-315"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/74832","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=74832"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/74832\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/157567"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=74832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=74832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=74832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}