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    November 2010
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  • Archive for November 8th, 2010

    New Office Of The Branch Of Armenian Credit Organization “Finca” Will Open On November 12 In Ashtarak

    Monday, November 8th, 2010

    Opening ceremony of the new office of Universal Credit Organization (UCO) “Finca” will take place on November 12 in Ashtarak.

    Cba Registered New Branch of Armbusinessbank “Nor Hachn”

    Monday, November 8th, 2010

    Armenian Central Bank registered new branch of CJSC “Armbusinessbank” – “Nor Hachn”. This decision was carried out by the Head of CB Armenia.

    Armenian Banking Sector’s Year-On-Year ROA 2.29% In 3rd Q 2010

    Monday, November 8th, 2010

    Armenian banking sector’s year-on-year return on assets (ROA) was 2.29% in the third quarter of this year against 2.13% by June 30, 2010.

    Weighted Average Rate Of Armenian Dram to US Dollar Is 362.99 for $1 on November 8, 2010

    Monday, November 8th, 2010

    YEREVAN, November 8. /ARKA/. Mid-market rate of Armenian dram to US dollar in the stock market of Armenia increased by 2.15 points on November 8, 2010 compared with November 5, 2010. It is 362.99 drams for $1.—0— 08.11.10 05.11.10 АMD against USD 362,99 360,84 АMD against EUR 505,54 511,27 АMD against RUR 11,79 11,88

    Central bank of Armenia auctions one billion drams worth short-term government treasury bonds

    Monday, November 8th, 2010

    The Central Bank of Armenia said it has auctioned today one billion Drams worth short-term government treasury bonds of AMGT26095115 series with a 26-week maturity period.

    EBRD Yerevan office head says Central bank able to secure projected inflation rate

    Monday, November 8th, 2010

    Valeriu Razlog, head of the European Bank for Reconstruction and Development (EBRD) Yerevan Office, said today the Central Bank of Armenia is able to secure the projected inflation rate of 4% (±1.5%) for 2010.

    Combined credit investments of Armenian banks in local economy grow to 805.6 billion drams

    Monday, November 8th, 2010

    The combined credit investments of Armenian commercial banks in the local economy grew by 3.3% (or by 25.9 billion Drams) in September as opposed to August to stand at 805.6 billion Drams, according to a monthly bulletin of Armenia’s Central Bank for September 2010, posted on its official website.