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    December 2015
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  • Archive for December 8th, 2015

    Private transfers from Russia to Armenia shrink 38% to $769.6 million in Jan-Oct 2015

    Tuesday, December 8th, 2015

    Private transfers from Russia to Armenia shrank 38% in Jan-Oct 2015, compared with the same period a year earlier, to $769.6 million, the Central Bank of Armenia reports on its official website

    Stable prices and macroeconomic environment to reduce dollarization in Armenia - regulator

    Tuesday, December 8th, 2015

    Stability of prices and general macroeconomic environment are the only ground for dollarization reduction and enhancement of confidence in the national currency in Armenia, the central bank’s monetary policy department reports

    Armeconombank and BTA Bank (Armenia) merging

    Tuesday, December 8th, 2015

    Armeconombank and BTA Bank (Armenia) intend to merge, the press office of Armeconombank reported on Tuesday

    Interests on short-term loans in Armenia down 1.34 percentage points to 16.54%

    Tuesday, December 8th, 2015

    Interest rates on short-term loans extended by Armenia’s banks in drams went 1.34 percentage points down to 16.54% in October, according to the central bank’s report