All news related to Armenia

Lending by Armenia-based credit organizations in 2018 grew by 9.2% to 387.7 billion drams

21.02.2019 18:51

Lending by Armenia-based credit organizations in 2018 grew by 9.2% to 387.7 billion drams

YEREVAN, February 21. /ARKA/. Lending by Armenia-based credit organizations in 2018 grew by 9.2% or 32.6 billion drams from the previous year to 387.7 billion drams.

The top 10 leading credit organizations by size of lending last year were Bnakaran Yeritasardnerin, Export-Finance, the National Mortgage Company, Fast Credit, the First Factoring Company, Finca, Aregak, Global Credit, AGBA-Leasing and Varks.am

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EBRD and European Union to help Armenia develop green economy

20.02.2019 18:10

EBRD and European Union to help Armenia develop green economy

The European Bank for Reconstruction and Development (EBRD) and the European Union will support the Armenian government in creating a green economy

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Armenia-based commercial banks’ investments in securities increased by 13% in 2018 to 603.4 billion drams

19.02.2019 18:27

Armenia-based commercial banks’ investments in securities increased by 13% in 2018 to 603.4 billion drams

Armenia-based commercial banks’ investments in securities increased by 13% in 2018 to 603.4 billion drams

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Lending interest rates in Armenia can be reduced

15.02.2019 16:52

Lending interest rates in Armenia can be reduced

Lending interest rates in Armenia can be reduced at the expense of about 300 billion drams

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Reserves at Armenia’s banks for possible losses on loans total AMD 147.7 billion in 2018

15.02.2019 16:50

Reserves at Armenia’s banks for possible losses on loans total AMD 147.7 billion in 2018

Reserves at Armenia’s banks for possible losses on loans totaled AMD 147.7 billion in 2018 – 6.12% or AMD 8.5 billion more than in 2017

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The number of transactions at Armenian stock exchange almost triple in 2018

14.02.2019 18:11

The number of transactions at Armenian stock exchange almost triple in 2018

A total of 1,584 transactions with corporate bonds to the tune of 30.36 billion drams were effected at the Armenian Stock Exchange in 2018

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Banks of Armenia increase their transfers to government budget by 20% in 2018

14.02.2019 18:10

Banks of Armenia increase their transfers to government budget by 20% in 2018

All the banks operating in Armenia are among the country’s largest taxpayers– they transferred AMD 48.6 billion to the government budget in 2018

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Insurance companies unhappy with Armenia’s Single Window for Automotive platform

11.02.2019 18:53

Insurance companies unhappy with Armenia’s Single Window for Automotive platform

Armenian insurance companies are getting increasingly unhappy with the Armenia’s Single Window for Automotive (ASWA) platform

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Deposits in Armenian banks grew last year by 12.7% to about 3 trillion drams

11.02.2019 18:51

Deposits in Armenian banks grew last year by 12.7% to about 3 trillion drams

Bank deposits kept by Armenia-based commercial banks surged by 12.7% last year or 332.7 billion drams to 2 957.3 trillion drams

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Central Bank denies media allegations that it uses ‘repressive’ measures to stabilize the exchange rate of the dram

08.02.2019 18:40

Central Bank denies media allegations that it uses ‘repressive’ measures to stabilize the exchange rate of the dram

Armenia’s Central Bank denied today media allegations claiming that it uses ‘repressive’ measures to stabilize the exchange rate of the national currency

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