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  • Archive for April, 2011

    Outstanding credit portfolio of Armenian banks surges by 94 billion drams over three months

    Thursday, April 28th, 2011

    The outstanding credit portfolio of Armenian commercial banks grew by 94 billion drams over the last three months, Armenia’s Central Bank governor Arthur Javadian said today after president Serzh Sargsyan’s meeting with chief executive of local commercial banks.

    Central bank of Armenia not to allow sharp fluctuations on currency market

    Thursday, April 28th, 2011

    The Central Bank of Armenia (CBA) will not allow sharp fluctuations in the currency market, CBA governor Arthur Javadian said today.

    Money stock of Armenia’s Central Bank, commercial banks, credit organizations grows to AMD 925.9 billion

    Thursday, April 28th, 2011

    The money stock of Armenia’s Central Bank, commercial banks and credit organizations grew 3.5% in March 2011, compared with the previous month, to AMD 925.9 billion.

    Armenian economy minister endorses tax amnesty scheme

    Thursday, April 28th, 2011

    Armenian economy minister Tigran Davtian endorsed today a government-designed tax amnesty scheme that would exempt some companies from penalties for their failure to pay their taxes.

    World Bank’s Yerevan office awards prizes to winners of student essay competition

    Thursday, April 28th, 2011

    The World Bank’s Yerevan office has awarded prizes to the winners of the competition of essays written by students about economy and environment.

    Armenian Ameriabank offers legal entities new customs card

    Thursday, April 28th, 2011

    Ameriabank offers its customers new customs card which will enable the importing organizations to facilitate customs and tax payments.

    Amount of compensation of “Rosgosstrakh-Armenia” by mandatory car insurance payments was 325 million drams in total amount of loss of 460.4 million drams

    Thursday, April 28th, 2011

    Amount of compensation of “Rosgosstrakh-Armenia” by mandatory car insurance payments was 325 million drams in total amount of loss of 460.4 million drams.

    “ARKA” News Agency – 15 years

    Thursday, April 28th, 2011

    “ARKA” news agency will turn 15 years old on May 1! Quite a long period of time.

    Armenian Finance Ministry To Buy Out Mid-Term Treasury Bonds Worth Amd 5 Billion

    Wednesday, April 27th, 2011

    Armenian finance ministry will buy out mid-term treasury coupon bonds worth AMD 5 billion on May 10 and 17

    Dollar Slips 1.27 Points Against Armenian Dram

    Wednesday, April 27th, 2011

    The U.S. dollar weakened by 1.27 percentage points against the national currency on Wednesday, compared with Tuesday, and traded at 372.35 drams at Armenia’s forex.