All news related to POPULATION

Armenian dram became stronger, preferable over last years

22.11.2012 15:25

Armenian dram became stronger, preferable over last years

YEREVAN, November 22. /ARKA/. Armenian national currency has stabilized and become preferable for population over the 19 years of its existence. This is the conclusion made by ARKA News Agency after a blitz poll among Armenian financial market participants.

Head of financial markets transactions of Areximbank-group Gasprombank Narine Sargsyan said that the confidence toward Armenian dram has grown over the last years, despite certain weakening in 2009.

“At the moment confidence toward dram is quite high in case of savings, which, of course, is connected with high interest rates on deposits in drams,” she added.

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Only 17% of armenians make use of financial services

02.07.2012 21:28

Only 17% of armenians make use of financial services

Only 17% of Armenia’s population make use of financial services, Susan Rutledge, the World Bank’s regional expert on consumer protection and financial literacy

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Armenian population’s deposits in drams reduce 22.8% in 2009

25.03.2010 19:27

Armenian population’s deposits in drams reduce 22.8% in 2009

Armenian population’s dram deposits in banks reduced 22.8% from AMD 216.9 billion in the beginning of 2009 to AMD 167.5 billion later that year.

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