Remittances to Armenia sent in the first four months of 2016 fell by 2.5% or $10 million from the year before, according to Central Bank chairman Arthur Javadyan
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Calendar
Archive for May, 2016
Remittances to Armenia drop by 2.5 percent
Friday, May 20th, 2016Armenia’s public debt to GDP ratio reaches 51%
Friday, May 20th, 2016Although the ratio of Armenia’s public debt to GDP has reached 51%, the government is not having problems in servicing the debt
VTB bank (Armenia) doubles the number of loans
Friday, May 20th, 2016VTB Bank (Armenia) said today the number of loans provided to individuals and small businesses as of March 31, 2016 stood at 54, 800 worth more than 18.7 billion drams
HSBC Bank Armenia does not intend to leave Armenia
Friday, May 20th, 2016HSBC Bank Armenia has no plans to withdraw from the Armenian market, Central Bank chairman Arthur Javadyan said today
ACBA-CREDIT AGRICOLE BANK names winners of free certification of organic agriculture products program
Thursday, May 19th, 2016ACBA-CREDIT AGRICOLE BANK has named today the winners of a free “Certification of Organic Agricultural Products” program
Central bank chairman says another bank merger expected
Thursday, May 19th, 2016Armenian Central Bank chairman Artur Javadyan announced today an imminent merger of two more banks when presenting the regulator’s report on the implementation of the 2015 monetary policy to parliament
Asian Development Bank planning to make investments in some segments of Armenia’s economy
Thursday, May 19th, 2016The Asian Development Bank is planning to invest a great deal in some segments of Armenia’s economy
Loans in drams became cheaper in April
Wednesday, May 18th, 2016The amount of loans provided by Armenian banks in the national currency, the dram, decreased in April following Central Bank’s decision to cut its refinancing rate
Legal entities' demand deposits in Armenia’s banks shrunk 0.53% to AMD 544.4 billion in 1st Q 2016
Wednesday, May 18th, 2016Legal entities’ demand deposits in Armenia’s banks have shrunk 0.53% over the first quarter 2016 to AMD 544.4 billion
Armenian insurance companies double net profit in quarter one
Wednesday, May 18th, 2016Six Armenia-based insurance companies earned more than 1.3 billion drams in net profit in the first quarter of 2016
