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  • Archive for November 29th, 2019

    Credit burden of Armenian consumers will be limited by law

    Friday, November 29th, 2019

    The credit burden of Armenian consumers will be limited by law, Armenuhi Mkrtchyan, head of the Center for Consumer Rights Protection and Financial Education of the Central Bank, said at a parliamentary hearing on credit policy and financial literacy

    Share of non-performing individual and corporate loans of Armenia-based commercial banks does not exceed 5%

    Friday, November 29th, 2019

    The share of individual and corporate non-performing loans in the total loan portfolio of 17 Armenia-based commercial banks does not exceed 5%, said Andranik Grigoryan, the head of a Central Bank department overseeing financial stability, when speaking at a parliamentary hearing on credit policy and financial literacy today

    Central Depository of Armenia takes over AECSD chairmanship

    Friday, November 29th, 2019

    The Central Depository of Armenia has assumed chairmanship at Association of Eurasian Central Securities Depositories (AECSD), the press office of the depository reports