{"id":8237,"date":"2010-02-26T08:45:52","date_gmt":"2010-02-26T08:45:52","guid":{"rendered":"https:\/\/armbanks.am\/2010\/02\/26\/230693\/"},"modified":"2024-12-15T12:46:27","modified_gmt":"2024-12-15T12:46:27","slug":"commercial-banks-efforts-to-rid-armenia-from-economic-crisis-should-be-more-vigorous","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2010\/02\/26\/8237\/","title":{"rendered":"Commercial banks\u2019 efforts to rid Armenia from economic crisis should be more vigorous"},"content":{"rendered":"<p><strong>YEREVAN, February 26. \/ARKA\/. <\/strong>Commercial banks\u2019 efforts to rid Armenia from the economic crisis should be more vigorous, Tatul Manaseryan, Armenian Parliamnet Speaker\u2019s adviser on economic issues, said Thursday at a press conference.<\/p>\n<p>\u201cBanking system\u2019s activity amid the crisis can\u2019t be viewed satisfactory, if it doesn\u2019t serve the real sector\u2019s interests,\u201d he said.<\/p>\n<p>In his opinion, when the government bears responsibility for attraction of financial resources from international organizations, commercial banks should become agents of the state.<\/p>\n<p>\u201cThe government can set interest rates, at which banks will distribute funds,\u201d the expert said.<\/p>\n<p>He said that this move would contribute a great deal to recovery of national economy.<\/p>\n<p>Armenian banks\u2019 aggregate credit portfolio reached AMD 698.9 billion by late December after growing 3.8% or by AMD 25.8 billion since November.<\/p>\n<p>Their credit portfolio grew 13.1% or by AMD 88.1 billion, compared with the beginning of 2009.<\/p>\n<p>Twenty two commercial banks with their 382 branches functioned in Armenia as of December 31, 2009.<\/p>\n<p>Armenia recorded 14.4% economic decline in 2009.<\/p>\n<p>In the 2010 state budget, GDP growth is planned at 1.2%. ($1 = AMD 382.41). &#8211;0&#8211;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Commercial banks\u2019 efforts to rid Armenia from the economic crisis should be more vigorous.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,12139,9216],"tags":[12688,12163,12182,12172,12851,12512],"class_list":{"0":"post-8237","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-banks-en-en","7":"category-economy-en","8":"category-news","9":"tag-armenia-analyst-inflation","10":"tag-banks","11":"tag-crisis","12":"tag-economy-en","13":"tag-manaserian","14":"tag-manaseryan"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/8237","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=8237"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/8237\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=8237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=8237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=8237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}