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October 2011
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Archive for October, 2011

Central Bank of Armenia to place 4 billion drams worth government bonds in November

Monday, October 31st, 2011

The Central Bank of Armenia said last Friday it plans to place 4 billion drams worth government treasury bonds in November.

Banks Of Armenia Have Sold Dollars More Than Bought In Inter-Banking Market From October 24-28

Friday, October 28th, 2011

In inter-banking market of Armenia from October 24-28 the banks sold about $86.4 million by weighted average rate of 378.54 drams per $1

Deposits in banks increase by 2.6% to 876.9 billion drams

Friday, October 28th, 2011

Deposits in banks increase by 2.6% to 876.9 billion drams

Armeconombank to borrow $5 million from BSTDB for supporting small businesses

Thursday, October 27th, 2011

Armeconombank to borrow $5 million from BSTDB for supporting small businesses.

More than half of Armenians expect dram to continue devaluation this year

Thursday, October 27th, 2011

More than half of respondents of an online survey at www.armbanks.am expect the national currency, the dram, to devaluate this year.

Outstanding credit portfolio of Armenian banks increase by 2.9% to 1.179.3 trillion drams

Thursday, October 27th, 2011

Outstanding credit portfolio of Armenian banks increase by 2.9% to 1.179.3 trillion drams.

German Commerzbank approves unsecured loan for Armenian Ameriabank

Wednesday, October 26th, 2011

German Commerzbank approved a large unsecured and unwarranted loan for Armenian Ameriabank (bilateral credit), the press service of the Armenian bank said to ARKA.

Bank VTB (Armenia) launches remote-control system for serving individuals’ SMS-banking accounts

Wednesday, October 26th, 2011

Bank VTB (Armenia) has launched a remote-control system for serving individuals’ SMS-banking accounts.

Government budget handled with AMD 16.3-billion deficit in Jan-Sept 2011

Wednesday, October 26th, 2011

Government budget handled with AMD 16.3-billion deficit in Jan-Sept 2011.

World Bank will help Armenia to improve and strengthen its capacities to confront external shocks

Wednesday, October 26th, 2011

World Bank will help Armenia to improve and strengthen its capacities to confront external shocks.