The total volume of interbank loans, including repo transactions in Armenia in 2016 December fell by 33.5% from the year before to about 44.1 billion drams, according to the monthly bulletin of the Central Bank for December 2016
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Archive for February, 2017
Volume of interbank loans in 2016 December drop by 33.5 percent
Tuesday, February 14th, 2017Ranking of Armenian banks by size of advertising and representation expenses in 2016
Tuesday, February 14th, 2017YEREVAN, February 14. /ARKA/. The advertising and representation expenses of 17 Armenia-based commercial banks grew by 10% in 2016 from the previous year to about 4 billion drams, according to a ranking compiled by ARKA news agency. Of 17 operating banks 7 banks reduced their advertising and representation expenses last year. According to the ranking, […]
Newspaper says Armenia will restore its gold reserves
Tuesday, February 14th, 2017Armenia’s leadership has made a political decision to restore the country’s gold reserves in the near future, a local daily “Haykakan Zhamank” (Armenian Time) says in its today’s issue
Armenian central bank cuts benchmark rate to 6 percent
Tuesday, February 14th, 2017Armenia’s Central Bank said today it has cut its refinancing rate by 0.25 percentage point to 6%
Armenian central bank auctions 500 million drams worth short-term government bonds
Tuesday, February 14th, 2017The Central Bank of Armenia auctioned 500 million drams worth short-term government bonds of AMGT3913B170 issue with a maturity of 39 weeks
Equalizing volumes of deposits and lending carries risk for Armenian economy
Monday, February 13th, 2017The volume of deposits at Armenian commercial banks is almost comparable with their overall lending, which carries some risks for the economy, economist Vilen Khachatryan told a news conference last Friday
Armenian banks bought $95.8 million at local interbank forex market
Monday, February 13th, 2017Armenian banks bought a total of $95.8 million at the local inter-bank forex market in a time span from February 6 to February 10 at the weighted average exchange rate of 485.72 drams per one USD, the Central Bank reported today
Armenian central bank auctions 4 billion drams worth long-term government bonds
Monday, February 13th, 2017Armenian Central Bank auctioned February 9 four billion drams worth long-term government bonds of AMGB1029A250 issue with a maturity of 10 years
Share of Armenian banks’ nonperforming assets shrinks to 6.2% by late 2016
Monday, February 13th, 2017The share of nonperforming and written-off assets of Armenia’s banks has shrunk to 6.2% by late 2016 hitting the record low, the Central Bank of Armenia reports
Armenian central bank sold $122.7 million last year
Friday, February 10th, 2017The Central Bank of Armenia sold a total of $122.7 million at the local foreign exchange market, according to the monthly bulletin of the regulator for December 2016
