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  • Archive for November, 2010

    Net finance outflow from Armenian banks for Jan-Sept 2010 amounts to AMD 50.7 billion

    Thursday, November 25th, 2010

    Net finance outflow from Armenian banks amounted to AMD 50.7 billion (about $134.1 million at AMD 377.97 per one dollar exchange rate) in Jan-Sept 2010.

    Ardshininvestbank occupied the third place in inter-banking competition of shooting

    Wednesday, November 24th, 2010

    The team of Ardshininvestbank occupied the third place in inter-banking competition of shooting.

    Armenian banking system’s per-employee profit averages AMD 2.7 million in Jan-Sept 2010

    Wednesday, November 24th, 2010

    Armenian banking system’s profit per one employee averaged AMD 2,725,000 or $7,200 in Jan-Sept 2010.

    Armenia’s Central Bank places one billion drams worth short-term government bonds

    Tuesday, November 23rd, 2010

    Armenia’s Central Bank said it has placed today one billion Drams worth short-term government (treasury) bonds of AMGT34197119 series with a 34-week maturity period.

    Net profit of VTB Bank (Armenia) for Jan-Sept 2010 amounts to AMD 3.2 billion

    Tuesday, November 23rd, 2010

    Net profit of VTB Bank (Armenia) for the first nine months of this year amounts to AMD 3.2 billion.

    Total capital of Armenian insurance companies rises by 10.19% to 12.7 billion drams

    Tuesday, November 23rd, 2010

    The total capital of Armenian insurance companies rose by 10.19% in the third quarter of 2010 or by 1.2 billion Drams, to 12.7 billion Drams.

    Central bank injects $150 million this year into Forex market to curb inflationary pressures: former CB governor

    Tuesday, November 23rd, 2010

    A former governor of Armenia’s Central Bank, Bagrat Asatrian, criticized Monday the Central Bank for injecting $150 million this year into forex market in a bid to curb inflationary pressures, saying as a result the country’s external reserves have slashed from $2 billion to $1.850 billion and the national currency, the Dram, has gained 10% over USD and Euro affecting the exports.

    Weighted Average Rate Of Armenian Dram To Us Dollar Is 361.87 For $1 On November 22, 2010

    Tuesday, November 23rd, 2010

    Weighted Average Rate Of Armenian Dram To Us Dollar Is 361.87 For $1 On November 22, 2010

    Weighted Average Of US Dollar Rate In NASDAQ OMX Armenia As Of November 22, 2010 Was 362.5 Drams For $1

    Tuesday, November 23rd, 2010

    Weighted Average Of US Dollar Rate In NASDAQ OMX Armenia As Of November 22, 2010 Was 362.5 Drams For $1

    Armenia faces 7.9% year-on-year inflation in Jan-Oct 2010

    Monday, November 22nd, 2010

    Armenia faced 7.9% year-on-year inflation in Jan-Oct 2010, the National Statistical Service of Armenia reports.