Interest rates on both deposits and loans are going down throughout the last few years, Andranik Grigoryan, chief of the Armenian central bank’s division in charge of stability and development of the country’s financial system, told journalists on Tuesday
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Archive for December, 2018
Interest rates going down in Armenia – central bank
Wednesday, December 19th, 20182018 inflation is lower than projected, according to central bank
Tuesday, December 18th, 2018Armenia’s Central Bank expects the inflation in the outgoing year to be lower than projected, a Central Bank Board member Artur Stepanyan told reporters on Tuesday
No revision of key rate in next 6 months, central bank of Armenia says
Tuesday, December 18th, 2018The Central Bank of Armenia is not planning a revision of the key refinancing rate in the next six months, a Central Bank Board member Artur Stepanyan told reporters on Tuesday
Central bank comments on allegation about imminent default in Armenia
Tuesday, December 18th, 2018Arthur Stepanyan, a member of the board of the Central bank of Armenia, in response to the media outlets that have disseminated the allegation that the Armenian national currency will plunge 20% and the country will face default in January
ACBA-CREDIT AGRICOLE BANK launches ‘100 Days of Interest-Free Loans” campaign
Monday, December 17th, 2018ACBA-CREDIT AGRICOLE BANK has launched today a special campaign, called ‘100 Days of Interest-Free Loans,” designed for individual clients
Armenian banks bought $100.5 million from local forex market last week
Monday, December 17th, 2018Seventeen Armenia-based commercial banks bought about $100.5 million at the local intrabank foreign currency market from December 10 to December 14 at the weighted average exchange rate of 484.44 drams for $1, the Central Bank reported
VTB Bank (Armenia), jointly with Visa International Payment System, launches new campaign called #newyearshopping
Monday, December 17th, 2018Ahead of the New Year holidays, VTB Bank (Armenia), jointly with Visa International Payment System, has launched a new campaign called #newyearshopping
Central bank calls allegation about default expected in Armenia as certain media sources’ mere fiction
Monday, December 17th, 2018The Central Bank denies certain media sources’ allegations that Armenia’s national currency will drop soon and that the country will face default
Yeritsyan: Armenian financial system owes its stability amid political shocks to the central bank’s hard and long-term work
Monday, December 17th, 2018The Armenian financial system owes its stability amid political shocks to the central bank’s hard and long-term work, Nerses Yeritsyan, deputy chairman of the Central Bank of Armenia, said Friday at Fitch Ratings annual conference in Yerevan
VTB Bank (Armenia) launches savings account with interest rate up to 9.5%
Friday, December 14th, 2018VTB Bank (Armenia) has launched today a new deposit product, designed for those of customers who wish to save and increase their money in Armenian drams and have the opportunity to replenish it and withdraw money from the account whenever they want without any restrictions
