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  • Archive for February 3rd, 2021

    The 12-month inflation in Armenia in January 2021 was 4.5 percent

    Wednesday, February 3rd, 2021

    Armenian consumer market prices in January 2021 grew by 4.5% as opposed to January 2020 (12-month inflation rate), according to the latest numbers, released today by the National Statistical Committee (NSC). The NSC said consumer prices in January 2021 grew by 2.2% from December last year

    AraratBank signs a 5 mln USD bilateral agreement

    Wednesday, February 3rd, 2021

    AraratBank and BlueOrchard Covid-19 Emerging and Frontier Markets MSME Support Fund concluded a bilateral loan agreement for a total amount of USD 5 million to support MSMEs affected by COVID-19 in Armenia, the bank’s press service said in a press release today

    Demand for commercial bank loans may drop in 2021, Armenian central bank chairman says

    Wednesday, February 3rd, 2021

    The demand for commercial bank loans in Armenia in 2021 may drop, the chairman of the Central Bank Martin Galstyan told reporters on Tuesday

    Armenian banks have enough capital to resists risks

    Wednesday, February 3rd, 2021

    Armenian banks have sufficient capital to resist potential risks and there is nothing that could jeopardize the country’s financial stability, the chairman of the Central Bank Martin Galstyan told reporters on Tuesday