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  • Archive for February, 2016

    Overall lending of Armenia-based f banks in January 2016 decrease by 0.26% to 1.934.6 trillion drams

    Monday, February 29th, 2016

    The overall lending of Armenia-based commercial banks in January 2016 decreased by 0.26% when compared to December 2015

    Armenian banks bought $63.8 million from local forex market on February 22 – 29

    Monday, February 29th, 2016

    Armenian banks bought a total of $63.8 million from the local forex market in a time span from February 22 to February 29

    Armenia’s state external debt grows by 14.1 percent in 2015

    Monday, February 29th, 2016

    Armenia’s state external debt increased by 14.1% in 2015 to $4.317.3 billion, the National Statistical Service (NSS) said

    U.S. dollar grows by 0.34 percentage point over Armenian dram

    Friday, February 26th, 2016

    The average market value of US dollar has grown today y by 0.34 percentage points over the Armenian national currency from February 25 to 492.04 drams, the Central Bank said

    Economist: public debt growth is not critical

    Friday, February 26th, 2016

    If the ratio of Armenia’s public debt to GDP exceeds 50%, it will not become critically dangerous, economist Vardan Bostanjyan told a news conference today

    ARKA News Agency releases fresh issue of “Credit Organizations of Armenia”

    Friday, February 26th, 2016

    ARKA News Agency has released its economic and financial bulletin – “Credit Organizations of Armenia” for the fourth quarter of 2015

    Armenia may reckon on $1.1 billion from Eurasian Economic Union’s anti-crisis fund

    Thursday, February 25th, 2016

    Armenia may reckon on $1.1 billion from the Eurasian Economic Union’s anti-crisis fund

    Terms of VTB Bank (Armenia) lending in conformity with consumer lending laws

    Thursday, February 25th, 2016

    Terms of the VTB Bank (Armenia) lending are in conformity with Armenia’s consumer lending laws, the press office of the bank reported on Wednesday

    Armenian dram falls 21% against us dollar in 2014 and 2015

    Thursday, February 25th, 2016

    The Armenian dram fell 21% against the US dollar over the last two years, economist Karlen Khachatryan

    Unibank to air ‘People’s Bank’ TV program in March

    Thursday, February 25th, 2016

    Unibank said today it will air its TV program called “People’s Bank”