Areximbank analysts think banking rates won't change till late 2013

04.07.2013 | 10:53 Home / News / News /

Analysts of Areximbank don't forecast change of interest rates on loans and deposits, the bank reported.

"Interest rates is an objective value which is formed by the market itself. When we state high interest rate level we simultaneously should point out the index we correlate the loan rates to. If we say that the loan risk level in Armenia is high it means that the interest rates should match the loan risk index", Deputy Director General of Areximbank-Gazprombank Group Vigen Barseghyan said this.

According to him, the monetary policy of the Central Bank is aimed at stabilizing loan market and ensuring all the planned growth rates.

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