ArmInfo. On November 13 opposition MP, ex-prime minister of Armenia Hrant Bagratyan asked Chairman of the Central Bank of Armenia (CBA) Artur Javadyan why economic growth in Armenia scarcely reaches 3% amid 15% rise in lending. "Last year we spoke of 6% economic growth, today the official f

ArmInfo. Armenia's Central Bank will finish the year 2013 with a loss, Chairman of the Central Bank Artur Javadyan said in the Parliament on Wednesday. He explained that if AMD drops against USD by, say, 15 AMD, the CB will earn 15bln AMD, but if it grows 5 AMD stronger (from 406 AMD to 401 A

ArmInfo. Inflation in Armenia will make up about 7% at the end of 2013 given this year's growth in energy tariffs, Artur Javadyan, Head of the Central Bank of Armenia (CBA), said in Parliament on Wednesday when replying to opposition MP, ex-prime minister of Armenia Hrant Bagratyan's question.

Arminfo. Armenian Finance Minister Davit Sargsyan left for the United States, 9 October to participate in the annual conferences of the International Monetary Fund (IMF) and the World Bank (WB) in Washington. As press-service of Armenian Ministry of Finance reported, in Washington the financ

Arminfo. The annual programme for monetary management of Armenia's Central Bank will be submitted to the parliament a month earlier, till 1 April, such a decision was adopted at today's session of the government. As chairman of Armenia's Central Bank Artur Javadyan said, several members of

ArmInfo. In the context of growth of tariffs for gas and electric power Central Bank of Armenia to be forced to tighten monetary policy, Central Bank (CBA) Chairman Arthur Javadyan said during Monday's National Assembly discussions. The increase in the prices of natural gas and electricity an

Arminfo. The Armenian government has been revising the order of issue, circulation and redemption of state bonds. Finance Minister David Sargsyan submitted the draft decision. As chairman of Armenia's Central Bank Artur Javadyan said, this decision may result in decrease of interest rates.

ArmInfo. Amid the negotiations on the new price of the Russian gas, the Central Bank of Armenia revised the annual inflation forecast for the first half of 2013 - 4.8% against the previous 4.5%, CBA Chairman Artur Javadyan said on Thursday when presenting to Parliament the CBA's monetary policy

ArmInfo. A three-day exhibition on Armenia's financial sector kicked off in Yerevan on Friday. The title of the exhibition is FINAR (Financial Armenia), the goal is to strengthen business ties between market players and potential financial service users, to promote financial products and to devel

ArmInfo. The International Monetary Fund is going to use inflation targeting experience of the Central Bank of Armenia (CBA) as a sample for developing countries. At today's meeting with the financial market participants, CBA Chairman Arthur Javadyan said proudly that the inflation targeting str

ArmInfo. Chairman of the Armenian Central Bank Arthur Javadyan will attend the 22nd Frankfurt European Banking Congress on Nov 22-23, the CB press-service reports. The Armenian CB's delegation comprises also Andranik Grigoryan, Head of the Department for Stability and Development of the Finan

ArmInfo. Head of the Armenian Central bank Arthur Javadyan will attend a seminar on banking supervision Basel III in Vienna on Nov 2-4. The event is organized by the Central Bank and Global Association of Risk Professional (CARP). The press-service of the Armenian CB told ArmInfo representative

ArmInfo. ARARATBANK and Incofin Investment Management (Incofin IM, Belgium) signed an agreement on Incofin Investment Management's joining ARARATBANK's capital with a 10% stake. The document was signed by Chairman of ARARATBANK's Council Barsegh Beglaryan, Chairman of Board of ARARATBANK Ashot O

ArmInfo. In the second half of this year the economic growth will keep its pace. So, the planned 7.1% level seems to be quite realistic, Chairman of the Central Bank of Armenia Artur Javadyan said in the Armenian Parliament on Tuesday. He said that in Q1 2012 the index was 5.6%, in Q2 2012 6.

ArmInfo. In 2013 high economic growth rates of Armenia and budget deficit reduction will gradually reduce the government debt load, Chairman of the Central Bank of Armenia Artur Javadyan said in Parliament on Tuesday when presenting the conclusion on Armenia's budget 2013. He pointed out

ArmInfo. ARARATBANK and Incofin Investment Management (Incofin IM, Belgium) signed an agreement on Incofin Investment Management's joining ARARATBANK's capital with a 10% stake. The document was signed by Chairman of ARARATBANK's Council Barsegh Beglaryan, Chairman of Board of ARARATBANK Ashot O

ArmInfo. Rosselkhozbank, one of the largest banks in Russia, has opened a representation in Armenia. The press service of the Central Bank of Armenia (CBA) told ArmInfo that the decision on registration was taken by CBA Chairman Artur Javadyan on October 16. "Rosselkhozbank's activity in Ar

Arminfo. Chairman of Armenia's Central Bank Artur Javadyan and Finance Minister Vache Gabrielyan left for Tokyo on 8 October to take part in the annual meeting of IMF amd WB from 8 to 12 October. Press-service of the Finance Ministry reported, over the visit the meetings with representatives

ArmInfo. In 2011 Armenia's budget deficit made up 105.7bln AMD – 53bln AMD less than planned and 68.2bln AMD less than a year before, Chairman of the Central Bank of Armenia Artur Javadyan said in the parliament on Wednesday. He said that the CB's tough monetary-credit policy and the Govern