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Money transfers to Armenia show positive growth trend

17.08.2017 18:39

Money transfers to Armenia show positive growth trend

YEREVAN, August 17. /ARKA/. Money transfers sent to Armenia in June 2017 increased by 9.1% when compared to 2016 May to $148 million, the Eurasian Development Bank (EDB) said in a monthly review of macroeconomic indices across the Russia-led Eurasian Economic Union (EEU).

According to the review, however, the amount was less than in May 2017, when money transfers surged by 41.5% from May 2016 to $155 million.

According to analysts of the Bank, the amount of money transfers to some EEU member states from Russia depend largely on the pace of recovery of the Russian economy and the stability of their national currencies. -0-

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Over 2 trillion drams remitted in 2016 October

19.12.2016 13:29

Over 2 trillion drams remitted in 2016 October

The total amount of money transfers made by Armenian commercial banks in 2016 October by using their non-cash instruments amounted to 2.051.8 trillion drams, an increase of 7% when compared with the same period last year

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Armenian investment companies’ assets grew by 3.6 percent in October to 41.6 billion drams

15.12.2016 18:50

Armenian investment companies’ assets grew by 3.6 percent in October to 41.6 billion drams

The assets of Armenian investment companies in October 2016 increased by 3.6% when compared to September, amounting to 41.6 billion drams, according to the monthly bulletin of the Central Bank of Armenia for October 2016

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Armenian government’s external debt grows to $4.6 billion

01.12.2016 18:28

Armenian government’s external debt grows to $4.6 billion

As of late September 2016, Armenian government’s external stood at $4.591.9 billion, an increase of 6.4% from the beginning of the year, according to the National Statistical Service (NSS).

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Armenian central bank’s total capital reaches AMD 17.3 billion in late September 2016

30.11.2016 16:28

Armenian central bank’s total capital reaches AMD 17.3 billion in late September 2016

The total capital of the Central Bank of Armenia amounted to AMD 17.3 billion in late September 2016 against AMD 2.6 billion in late December 2015, the regulator’s press office reported on Wednesday

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Consumer lending by Armenian banks grew by one percent to 427.4 billion drams

29.11.2016 16:10

Consumer lending by Armenian banks grew by one percent to 427.4 billion drams

The overall consumer lending by Armenia-based commercial banks at the end of October 2016 stood 427.4 billion drams, a 1% rise when compared to the beginning of the year, according to the data, released by the Central Bank

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Residents’ deposits at Armenia’s commercial banks grow 1.8% to AMD 1 667 billion in October

24.11.2016 16:21

Residents’ deposits at Armenia’s commercial banks grow 1.8% to AMD 1 667 billion in October

Residents’ deposits at Armenia’s commercial banks grew 1.8% in October 2016, compared with the previous month, to AMD 1 667 billion, the National Statistical Service reported on Thursday

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Armenia’s gross foreign reserves grew by 0.9% in late October to $1.839.1 billion

17.11.2016 19:00

Armenia’s gross foreign reserves grew by 0.9% in late October to $1.839.1 billion

Armenia’s gross foreign reserves in late October, 2016 stood at $1. 839.1 billion, having increased over the month by 0.9% or $17.4 million, the Central Bank said

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Private remittances to Armenia in September up by 0.37%

03.11.2016 17:21

Private remittances to Armenia in September up by 0.37%

Private remittances sent to Armenia via banks in 2016 September increased by 0.37% when compared to the previous month to $146.8 million, according to the Central Bank of Armenia

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Deposits at Armenia’s banks have grown by more than 72% over five years

02.11.2016 16:12

Deposits at Armenia’s banks have grown by more than 72% over five years

Deposits at Armenia’s banks have grown by more than 72% over a period between 2010 and 2015, Seyran Sargsyan, deputy chairman of the Union of Banks of Armenia

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