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Central Bank of Armenia approves money and credit policy program for quarter 2

04.05.2011 14:59

Central Bank of Armenia approves money and credit policy program for quarter 2

YEREVAN, May 4. / ARKA /. The Central Bank of Armenia (CBA) said today its Board has approved CBA’s Money and Credit Policy Program for the second quarter of 2011.

The Money and Credit Policy Program for the first quarter of 2011 approved in early February predicted a 4.1%-5.7% economic growth in 2011. The value added growth in the construction sector was predicted to rise by 2-4%, due to increased construction in energy, agriculture and transport and communications sectors.

The Central Bank predicted also a 3.5-5.5% growth in services sector due to anticipated rise in government and private expenditures. The agriculture was said to grow by 7-9% due to growth in cattle breeding and plant cultivation. The Central Bank’s inflation forecast was 5.5-7.5%, above the maximum level of 4% (±1,5%) targeted by the Armenian authorities. -0-

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Union of Banks of Armenia: low rate credit program in agriculture to be effective

06.04.2011 14:20

Union of Banks of Armenia: low rate credit program in agriculture to be effective

Government program on the provision of low rate credits in agriculture will be effective.

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Revised Version Of Sustainable Economic Development Program To Be Ready In First Half Of This Year

14.03.2011 20:06

Revised Version Of Sustainable Economic Development Program To Be Ready In First Half Of This Year

Revised version of the sustainable economic development program would be ready in the first half of this year.

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Byblos Bank Armenia launches its $5-million program of financing small- and mid0scale businesses

29.12.2010 20:47

Byblos Bank Armenia launches its $5-million program of financing small- and mid0scale businesses

Byblos Bank Armenia launches its $5-million program of financing small- and mid0scale businesses

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BTA Bank Armenia launches program to support small and medium companies

15.10.2010 16:44

BTA Bank Armenia launches program to support small and medium companies

BTA Bank Armenia launches program to support small and medium companies

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Armenian government will reconsider its steady development program

22.02.2010 13:20

Armenian government will reconsider its steady development program

Armenian economy minister Nerses Yeritsian said Saturday the government will reconsider its steady development program later this year.

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Armenian Central Bank approved the program of monetary policy for the first quarter of 2010

03.02.2010 21:13

Armenian Central Bank approved the program of monetary policy for the first quarter of 2010

Armenian Central Bank approved the program of monetary policy for the first quarter of 2010

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Conversbank joins PRIORITY PASS program

22.12.2009 12:10

Conversbank joins PRIORITY PASS program

Armenian Conversebank joined the international program of PRIORITY PASS, the press service of the bank reported.

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Artsakhbank announces Amanor program

14.12.2009 14:30

Artsakhbank announces Amanor program

Armenian Artsakh bank has announced the launch of Amanor (New Year) program.

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