In the frist half of 2021 Armenia-based banks’ lending decreased by about 253 billion drams or 6% from the first half of 2020 and by 189 billion drams or 4.6% when compared to the first quarter of 2021 to 3.9 trillion drams at the end of June, the Union of Banks of Armenia said today
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Archive for August, 2021
Armenia-based banks' lending drops by 6% in first half of 2021 to 3.9 trillion drams
Thursday, August 5th, 2021In first half of 2021 Armenian banks earned 40.7 billion drams in income
Thursday, August 5th, 2021Armenia-based commercial banks earned a total of 40.7 billion drams in income in the first half of 2021, by 46.7 million or 0.11% more than in the same time span of 2020, the Union of Banks of Armenia said today
VTB Bank (Armenia) launches special offer designed for holders of credit cards
Wednesday, August 4th, 2021VTB Bank (Armenia) has announced today a special offer designed for holders of its valid credit cards with an unused credit limit, as well as for clients who received credit cards during the special offer’s period
Twelve-month inflation in July 2021 in Armenia was 8.2%
Wednesday, August 4th, 2021Armenia’s consumer price index in July 2021 was 8.2% up, when compared to July 2020, and 0.5% down compared to June 2021, the National Statistical Committee (NSC) said today
Armenian central bank raises key rate by 0.5 p.p. to 7%
Tuesday, August 3rd, 2021Armenia’s Central Bank said today its Executive Board has raised the key refinancing rate by 0.5 percentage points, setting it at 7%
Amundi-ACBA Asset Management’s assets exceed 212 billion drams
Monday, August 2nd, 2021As of June 30, 2021, the assets of the pension funds managed by Amundi-ACBA Asset Management, exceeded 212 billion drams, the press service of ACBA Bank reported
