Armenia’s Central Bank has decided today to keep the refinancing rate unchanged at 6%. It said the inflation in October 2017 was 0.8% as opposed to 0.5% inflation recorded a year ago. As a result the 12-month inflation at the end of October was 1.2%
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Archive for November 14th, 2017
Armenian central bank keeps refinancing rate unchanged
Tuesday, November 14th, 2017VTB Bank (Armenia) develops Super Card
Tuesday, November 14th, 2017VTB Bank (Armenia) said it has designed a new product, called Super Card, which offers a credit line with zero annual interest rate. The client pays only a monthly loan servicing fee (1.4% of the credit limit)
Asian Development Bank’s 2017 loan portfolio for Armenia’s private sector amounts to $140 million
Tuesday, November 14th, 2017The Asian Development Bank’s loan portfolio for financing the private sector in Armenia amounted to $140 million in 2017, Shane Rosenthal, the head of the ADB Resident Mission, told ARKA News Agency
Unibank completes placement of $5 million worth USD-denominated coupon bonds
Tuesday, November 14th, 2017The Yerevan-based Unibank said today it has successfully completed the placement of registered USD-denominated coupon bonds to the tune of $5 million
Armenian banks’ investments in securities increased by 35% in 9 months
Tuesday, November 14th, 2017Armenian commercial banks’ investments in securities increased by 35% in the first 9 months of 2017, when compared to the same period of last year
