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Lending to Armenian production sector in 2009-2012 increased by 12 percentage points to 33.3% in total lending

29.05.2013 20:23

Lending to Armenian production sector in 2009-2012 increased by 12 percentage points to 33.3% in total lending

YEREVAN, May 29. / ARKA /. Central Bank of Armenia governor, Artur Javadian, said today the lending to production sector in 2009-2012 increased by 12 percentage points to 33.3% in the total lending, which increased in turn the GDP potential.

Speaking at a parliamentary debate on 2012 budget performance, Javadyan said the lending to industry grew by 30 percent annually contributing greatly to overall economic growth in recent years.

He said the bulk of lending was channeled into industry, agriculture, transport and communications sectors. Total loans of commercial banks in the first quarter of 2013 amounted to 1.646.6 trillion  drams ($ 1-416. drams) . -0 -

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Inflation in 2011 April rises to 5 percent

12.05.2011 18:39

Inflation in 2011 April rises to 5 percent

Central Bank of Armenia governor Arthur Javadian said today the inflation in the first four months of this year dropped to a single-digit 5%.

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Appointment of head of Pan-Armenian bank a matter of days: CB governor

18.10.2010 16:12

Appointment of head of Pan-Armenian bank a matter of days: CB governor

Governor of Armenia’s Central Bank Arthur Javadian said today the appointment of head of the Pan-Armenian Bank was a matter of days.

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Armenia’s Central Bank determined to further stimulate development of electronic financial services: CB chairman

18.10.2010 16:06

Armenia’s Central Bank determined to further stimulate development of electronic financial services: CB chairman

Armenia’s Central Bank determined to further stimulate development of electronic financial services: CB chairman

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Central Bank of Armenia committed to turning Dilijan into regional financial center

09.03.2010 14:18

Central Bank of Armenia committed to turning Dilijan into regional financial center

The governor of Armenian Central Bank, Arthur Javadian, said last Friday the plan to transform a resort town of Dilijan in northeastern Tavush province into a regional financial center was not thrown away.

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In 2010 Central Bank of Armenia will remain committed to its policy

18.01.2010 14:06

In 2010 Central Bank of Armenia will  remain committed to its policy

Exclusive interview of Arthur Javadian, chairman of Armenian Central Bank, to ARKA news agency.

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