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  • Archive for September, 2011

    Armenian banks sell $96.7 million September 26-30 at local foreign currency market

    Friday, September 30th, 2011

    Armenian commercial banks sold a total of $86.7 million at the local foreign currency market September 26-30 at the average exchange rate of 370.67 drams per one US Dollar, the Central Bank of Armenia said to ARKA.

    Armenia’s monetary base in august increases by 52.8 billion drams to about 583.4 billion drams

    Friday, September 30th, 2011

    Armenia’s monetary base in August increased by 52.8 billion drams or 9.9% from the previous month to about 583.4 billion drams, the National Statistical Service told ARKA, citing preliminary figures released by the Central Bank of Armenia.

    Financial authorities should revise their views on external debt

    Thursday, September 29th, 2011

    In an interview with ARKA news agency Harutyun Mesrobian, a management expert, shares his views and thoughts about whether Armenia is threatened by the second wave of the crisis.

    ACBA-Credit Agricole Bank starts issuing American Express Blue Plastic cards

    Thursday, September 29th, 2011

    ACBA-Credit Agricole Bank starts issuing American Express Blue Plastic cards.

    Mid-market rate of Armenian dram to us dollar is 371.35 for $1 on September 29, 2011

    Thursday, September 29th, 2011

    Mid-market rate of Armenian dram to us dollar is 371.35 for $1 on September 29, 2011.

    Armenian crediting organizations assets grow by 1.3% in July to 104.9 billion drams

    Thursday, September 29th, 2011

    Armenian crediting organizations assets grow by 1.3% in July to 104.9 billion drams.

    Dram deposits in Armenia’s commercial banks shrink 0.6% to amd 256.5 billion in august

    Thursday, September 29th, 2011

    Dram deposits in Armenian commercial banks totaled AMD 256.5 billion in late August 2011, after shrinking by 0.6%, compared with the previous month.

    Retained earnings of the banks of Armenia in January-July increased by about 39.7% reaching 19.6 billion drams

    Wednesday, September 28th, 2011

    Retained earnings of the banks of Armenia in January-July increased by about 39.7% reaching 19.6 billion drams.

    Volumes of consumer crediting by the banks of Armenia increased in august by 2.4% to 191.2 billion drams

    Wednesday, September 28th, 2011

    Volumes of crediting of consumers by the banks of Armenia increased in August by 2.4% to 191.2 billion drams.

    Bank VTB (Armenia) is the first to offer online advisor service via Skype

    Tuesday, September 27th, 2011

    Bank VTB (Armenia) is the first bank in Armenia to have launched a new service called Online Advisor.