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  • Archive for September 7th, 2022

    Total lending of Armenian banks grows to 3.96 trillion drams in late July, 2022

    Wednesday, September 7th, 2022

    The total lending of 17 Armenia-based commercial banks at the end of July 2022 stood at more than 3.96 trillion drams, up from 3.9 trillion drams in late June, according to the numbers, released today by the National Statistical Committee (NSC)

    Armenia has high inflation, but there is no crisis - Pashinyan

    Wednesday, September 7th, 2022

    Armenia has been experiencing high inflation affecting the social situation in the country, Armenian Prime Minister Nikol Pashinyan said, speaking at a plenary session of the 7th Eastern Economic Forum in Russian Vladivostok on Wednesday