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  • Archive for February 16th, 2016

    Central bank cuts key rate to 8.5 percent

    Tuesday, February 16th, 2016

    Armenia’s Central Bank has cut today the key refinancing rate by 0.25 percentage points to 8.5. The regulator said 2.2% inflation was recorded in January 2016, down from 2.5% recorded in 2015 January

    Kamurj closes 2015 with 300 million profit

    Tuesday, February 16th, 2016

    ‘Kamurj’ universal credit organization said today it had closed 2015 with a profit of 370 million drams. It said also its assets stood at 15.6 billion drams at the end of last year and its loan portfolio was worth about 12 billion drams

    Unibank Privé announces ‘profitable investment and new opportunities’ for worldwide Armenian Diaspora

    Tuesday, February 16th, 2016

    Armenia-based Unibank’s Unibank Privé program has announced ‘profitable investment and new opportunities’ for the worldwide Armenian Diaspora

    Armenian regulator may down refinancing rate – newspaper

    Tuesday, February 16th, 2016

    The Central Bank of Armenia is likely to lower the refinancing rate, according to Haykakan Zhamanak

    Armenia’s public debt remains sustainable, fiscal consolidation needed to reduce it - IMF

    Tuesday, February 16th, 2016

    Armenia’s public debt remains sustainable, although risks are elevated, Hossein Samiei, the newly-appointed IMF Mission Chief to Armenia, said in an exclusive interview with ARKA News Agency