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    May 2016
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  • Archive for May, 2016

    Armenia’s total public debt in April grows by $56 million

    Tuesday, May 31st, 2016

    Armenia’s total public debt at the end of April 2016 stood at $5.252.1 billion, an increase of 1% or $56 million from March, according to the National Statistical Service. Since the beginning of the year it has grown by 3.4%

    Armenia’s central bank raises economic growth outlook for 2016

    Tuesday, May 31st, 2016

    Armenia’s Central Bank has revised upwards its economic growth forecast for 2016 to 2.7-3.6%, up from its previous forecast of 1.5-2.6%. These figures can be found in the regulator’s report on inflation and fiscal policies in the second quarter of 2016

    Gold buying price in Armenia downs by 0.7 percentage point

    Monday, May 30th, 2016

    The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, set new prices for government agencies to buy and sell precious stones and metals which were effective from May 23 to May 29

    Armenian banks bought $56.1 last week

    Monday, May 30th, 2016

    Armenian commercial banks bought a total of $56.1 million at the local intra-bank forex market from 23rd to 27th of May at the average weighted exchange rate of 476.79 drams per one USD, the Central Bank said today

    Anelik bank joins EasyPay system

    Monday, May 30th, 2016

    Anelik Bank said its clients now have the opportunity to top up their card and current accounts, as well as repay their loans by using the EasyPay system

    Share of non-performing agricultural loans grew to 11 percent

    Monday, May 30th, 2016

    The share of non-performing agricultural loans in 2015 stood at 11%, according to Andranik Grigoryan, the head of Stability and Financial Development unit of the Central Bank of Armenia

    EDB planning to expand current investment portfolio to US$3.3 billion by end-2017

    Monday, May 30th, 2016

    Kazakh prime minister Karim Massimov, who is also the plenipotentiary representative of the Republic of Kazakhstan to the Eurasian Development Bank (EDB) Council

    Armenian banking system able to absorb possible risks

    Friday, May 27th, 2016

    The outcome of stress tests carried out by the Central Bank of Armenia indicates that the national banking system is able to absorb potential risks

    Araratbank offers instant money transfers via Unistream system

    Friday, May 27th, 2016

    Armenia-based Araratbank said today it has joined the Unistream system of money remittances, which can be made also online by visiting its official website

    Central bank of Armenia launches Russian-language version of its website

    Friday, May 27th, 2016

    Central Bank of Armenia has launched today the Russian-language version of its official website.
    It provides information about the activities of the regulator, as well as latest news and other information