The financial system remained solid with loans and deposits growing at 2 percent and 0.6 percent (mom), respectively, , the World Bank said in its Armenia Monthly Economic Update – November 2023
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Archive for November 20th, 2023
WB: Armenia’s financial system remains solid
Monday, November 20th, 2023Two Armenian banks granted right to issue Chinese UnionPay cards
Monday, November 20th, 2023Armenia’s Central Bank has granted two local banks- Converse Bank CJSC and Acba Bank OJSC – permits to participate in the UnionPay International foreign payment and settlement system, the regulator’s website reported
Armenian government approves loan agreement with OFID fund for 50 mln euros
Monday, November 20th, 2023The Armenian government on Friday approved a 50 million euro loan agreement concluded with the OPEC Fund for International Development (OFID)
