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  • Archive for May 27th, 2015

    Demand for all types of loans to grow, Central Bank predicts

    Wednesday, May 27th, 2015

    Armenia’s Central Bank said today it expects the demand for all types of loans to increase in the second quarter of the year. A Central Bank survey involving local banks and commercial organizations, found that the banks toughened lending terms in the first quarter of 2015

    Buying price of gold in Armenia drops by 0.3% to 17,132.07 drams per gram

    Wednesday, May 27th, 2015

    The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, has set new prices for government agencies to buy and sell precious stones and metals which are effective for this week

    European Central Bank leaves level of emergency cash available to Greek banks unchanged from a week ago

    Wednesday, May 27th, 2015

    YEREVAN, May 27. / ARKA /. The European Central Bank left the level of emergency cash available to Greek banks unchanged from a week ago, Vestifinance.ru reported citing Bloomberg. The Governing Council left the cap on Emergency Liquidity Assistance at 80.2 billion euros ($87.6 billion). Greek lenders still have a liquidity buffer of about 3 […]

    Non-performing loans in Armenian banks reach 6.8% in 2014 compared to 4.5% in 2013

    Wednesday, May 27th, 2015

    The portion of non-performing loans in Armenia’s commercial banks was 6.8% in 2014, as compared to 4.5% in 2013, said Andranik Grigoryan

    Decline in interest rate spread to slow down in Armenia – central bank

    Wednesday, May 27th, 2015

    The reduction in loan and deposit interest rate spread will slow down, said Andranik Grigoryan, the head of financial system stability and development at the Central Bank of Armenia (CBA)

    Central bank’s assets slash by 0.9 percent in Armenia in Q1

    Wednesday, May 27th, 2015

    Armenia’s Central Bank said on Monday its total assets have slashed by 0.9 percent (12 billion drams) in the first quarter from the beginning of the year to 1,353 billion drams as of March 31

    Armenian banks extend fewer consumer loans, focus on business loans instead – central bank

    Wednesday, May 27th, 2015

    Armenian banks started extending fewer consumer loans and currently focus on business lending

    Areximbank offers internet banking at new rates

    Wednesday, May 27th, 2015

    Areximbank – Gazprombank Group announces new prices for its Internet banking services as from June 1, 2015, the bank’s press office reported

    Armenian dram rate quite stable – central bank

    Wednesday, May 27th, 2015

    The Armenian dram rate is quite stable, head of financial system development and stability at the central bank Andranik Grigoryan told reporters on Tuesday