Central Bank: Ratio Of Banking Loans To GDP Has Risen By 11% In Armenia Since 2008
15.11.2011
YEREVAN, November 15. /ARKA/. The ratio of banking loans to GDP has risen by 11% in Armenia since 2008, Arthur Javadyan, chairman of the Central Bank of Armenia, said Tuesday in the National Assembly.
“In 2008 the ratio of loans to GDP ranged between 16% and 17%, while now it reaches 28% showing a significant increase in lending,” he said.
Javadyan said that the aggregate loan portfolio of Armenian banks totals over AMD 1150 billion now – this is 30% more than in 2010.
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The share of insurance industry in GDP Armenia could be 7-12% in 7-8 years – “INGO Armenia”
14.10.2011
The share of insurance industry in GDP Armenia could be 7-12% in the next seven-eight years, said Executive Director of insurance company INGO Armenia Levon Altunyan.
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World Bank official says Armenian GDP may grow this year by 4-5 percent
07.07.2011
A senior World Bank representative said today Armenian economy may expand this year as much as 4%-5% if not affected by an external turmoil.
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Mid-term public expenditures for 2012-2014 project 4.2% – 4.8% GDP growth
07.07.2011
An Armenian government session today has approved a program on mid-term public expenditures for 2012-2014 that projects a 4.2% – 4.8% GDP growth for 2012-2014.
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Armenian economy minister says GDP may grow beyond planned rate
24.06.2011
Armenian economy minister Tigran Davtian sounded optimistic today saying the government will secure the projected 4.6% economic expansion for this year.
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World Bank expects Armenia’s GDP to grow at a rate of 4.6% in 2011, 4.3% in 2012 and to 4.2% in 2013
14.06.2011
World Bank expects Armenia’s GDP to grow by 4.6% in 2011 and drop to 4.3% in 2012 and to 4.2% in 2013.
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MP: GDP growth in Armenia to exceed budget indicator by the end of the year
29.04.2011
GDP growth in Armenia will exceed the budgeted indicator by the end of 2011, considers the Chairman of Standing Parliament Committee on Economic Issues Vardan Ayvazyan.
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Central Bank specifies Armenia’s last year GDP growth
26.04.2011
Armenia’s economic growth last year was 2.1%, according to the specified data of the Central Bank, down from 2.6% growth announced earlier by the government.
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Armenian economy expand 7.7% in 2011 January
21.02.2011
Armenia’s economy expanded by 7.7% in January this year as opposed to 2009 January.
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Armenian Central Bank projects 4.1%-5.7% economic growth in Armenia in 2011
04.02.2011
The Central Bank of Armenia projects 4.1-to-5.7-percent economic growth for 2011.
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