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  • Archive for April, 2010

    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.

    Government to specify tax base: prime minister

    Friday, April 23rd, 2010

    Prime minister Tigran Sarkisian said today the government will revise and specify the country’s tax base.

    Areximbank-Gazprombank Group launches “Let’s Be Neighbors” campaign

    Wednesday, April 21st, 2010

    Areximbank-Gazprombank Group announces “Let’s Be Neighbors” campaign, the press office of the bank reported on Wednesday.

    Armenian GDP grows by 5.5 percent in q1

    Tuesday, April 20th, 2010

    Armenian economy grew by 5.5% in the first quarter of 2010 compared to the same time span last year, the National Statistical Service said.

    Inflation in q1, 2010 rises to 8.4% year-on-year

    Tuesday, April 20th, 2010

    The inflation rate in Armenia in Q1, 2010 rose to 8.4% from the first quarter of 2009, the National Statistical Service reported.

    ARG not planning IPO any time soon: ARG deputy CEO

    Tuesday, April 20th, 2010

    Armenia’s natural gas operator ArmRosGazprom (ARG) is not planning an IPO any time soon, ARG deputy CEO Vahagn Arakelian said today.

    Armenia’s central bank places 140 million drams worth mid-term government treasury coupon bonds

    Tuesday, April 20th, 2010

    Armenia’s Central Bank has placed today 140 million Drams worth mid-term government treasury coupon bonds.