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  • Archive for June, 2011

    Armenia Participates in HSBC’s “Trade Exchange” Event in China

    Tuesday, June 28th, 2011

    On Monday, HSBC Commercial Banking in Europe has launched its Trade Exchange event in Shanghai.

    Converse bank attracts 260 million drams from special Zatik deposits offer

    Tuesday, June 28th, 2011

    Armenian Converse bank said it has attracted more than 260 million AMD worth deposits as part of a special time offer Zatik that was organized specially for women from 7 March to 31 May.

    Armenian State Depository defined prices for precious metals for the period of June 27 – July 3, 2010

    Monday, June 27th, 2011

    Agency “State depository of precious stones and metals” of Armenian Ministry of Finance defined prices for precious metals for the period of June 27-July 3, 2010.

    Central Bank of Armenia places 500 million drams worth short-term government bonds

    Monday, June 27th, 2011

    Central Bank of Armenia places 500 million drams worth short-term government bonds.

    Money base decreases by 2.2% in may

    Monday, June 27th, 2011

    In 2010 May the money base in Armenia decreased by 10.8 billion drams, or 2.2% compared to the previous month, amounting to about 488.9 billion drams.

    Over $65.8 Million Bought By Armenian Banks Between June 20 And 24

    Friday, June 24th, 2011

    Armenian banks bought $65.8 million at AMD 376.15 per one dollar and bought $86.8 million at AMD 377.16 at intra-bank market over a period between June 20 and 24

    Armenian economy minister says GDP may grow beyond planned rate

    Friday, June 24th, 2011

    Armenian economy minister Tigran Davtian sounded optimistic today saying the government will secure the projected 4.6% economic expansion for this year.

    Central bank of Armenia governor attends annual meeting of Basel bank for international settlements

    Friday, June 24th, 2011

    Arthur Javadian, the chairman of the Central Bank of Armenia (CBA), and Andranik Grigorian, Head of Financial System Regulation Department have left for Basel, Switzerland, to attend the June 24-27 annual meeting of the Basel Bank for International Settlements, the CBA told ARKA.

    Armenian parliament ratifies $16-million loan agreement with IDA

    Thursday, June 23rd, 2011

    On Thursday, Armenian National Assembly ratified a $16-million loan agreement with International Development Agency to improve management of agricultural resources of communities and to enhance their competitiveness.

    HSBC Armenia launches unallocated gold account service

    Thursday, June 23rd, 2011

    Following the market demand HSBC Bank Armenia announces the launch of its unallocated gold account services, the bank’s press office reported on Thursday.