Armenian Prime Minister Hovik Abrahamyan said today he did not expect serious turmoil in the financial market
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Archive for December 29th, 2014
Prime minister does not expect serious turmoil in financial market
Monday, December 29th, 2014Armenia’s commercial banks purchase about $110.8 mln at intra-banking forex market last week
Monday, December 29th, 2014Armenian commercial banks purchased about $110.8 mln at a weighted average rate of 457.36 drams per $1 in intra-banking foreign exchange market on December 22 to December 27
Banks’ assets account for 83% on Armenia’s GDP - Javadyan
Monday, December 29th, 2014The current financial system assets to GDP ratio is 83% in Armenia and the loans to GDP is 50%, higher than in other countries of the region, the head of the country’s central bank Artur Javadyan said at the New Year reception on Friday
Consolidation of Armenia’s banking system to help resist external shocks
Monday, December 29th, 2014Consolidation of the banking system will facilitate external shock resistance, head of the Central Bank of Armenia Artur Javadyan said at a New Year reception in the bank
