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  • Archive for April 24th, 2010

    Armenian commercial banks buy f $58.9 million at intra-bank forex market in one week

    Saturday, April 24th, 2010

    Armenian commercial banks bought a total of $58.9 million at intra-bank forex market in a time span between April 19-23 paying 392.35 Drams per one US Dollar, the Central Bank of Armenia said today.

    Average market exchange rate of dram against USD grows by 1.76 percentage point from

    Saturday, April 24th, 2010

    The average market exchange rate of Armenian national currency, the dram, against USD, formed at Armenia’s forex market on April 23, grew by 1.76 percentage point from April 22 to 390.33 Drams per one USD.

    Armenian commercial banks report 4.5% total assets growth in Q1

    Saturday, April 24th, 2010

    Armenian commercial banks said their total assets in the first quarter of 2010 grew by 4.5% to 1.418.2 trillion Drams.

    VTB Bank (Armenia) rewards fair clients of Armenian Water and Sewerage Company

    Saturday, April 24th, 2010

    VTB Bank (Armenia) rewarded fair clients of Armenian Water and Sewerage Company under traditional joint campaign, the bank’s press office reported on Friday.

    Ameriabank offers unprecedented deposit ‘Structural’

    Saturday, April 24th, 2010

    Ameriabank has designed a new ‘unprecedented’ product for local financial market as part of its innovation strategy, the so-called ‘structural’ deposit.