Armenian commercial banks will award the so-called ‘credit holidays’ to those borrowers who are now fighting in Nagorno-Karabakh against the Azerbaijani aggression, Deputy Finance Minister Arman Poghosyan said at a press conference on Wednesday, adding that their decisions is voluntary
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Archive for October 28th, 2020
Armenian banks award 'credit holidays' to participants of Karabakh war
Wednesday, October 28th, 2020Decrease in population's deposits in banking system of Armenia does not exceed 1% - regulator
Wednesday, October 28th, 2020YEREVAN, October 28. /ARKA/. The decrease in the population’s deposits in the banking system of Armenia does not exceed 1%, Central Bank Chairman Martin Galstyan said at a press conference on Tuesday. In his words, there is a certain reduction in savings for both individuals and organizations, but not significant. “In general, citizens have slightly […]
Armenia’s central bank sees no need to interfere in exchange rate fluctuations
Wednesday, October 28th, 2020The Central Bank of Armenia has not carried out interventions over the past month and does not see the need to interfere in the fluctuation of the exchange rate, Central Bank Chairman Martin Galstyan said Tuesday at a press conference
