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    December 2011
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  • Archive for December 7th, 2011

    Tariffs for cargo transportation of SCR in 2012 to reduce by 9%

    Wednesday, December 7th, 2011

    Refinancing rate of Central Bank of Armenia which is now 8% should be gradually decreased, considers the Head of Union of Domestic Commodity Manufacturers of Armenia Vazgen Safaryan.

    Individual money transfers to Armenia in Jan.-Oct 2011 surge by 23.9% to $1.6 billion

    Wednesday, December 7th, 2011

    Individual money transfers to Armenia in the first ten months of 2011 through commercial banks surged by 23.9% or $292 million year-on-year to about $1.6 billion, the Central Bank of Armenia said in a statement, posted on its official website.

    Аcba-Credit agricole bank and Zolotaya Korona issue new non-payment transfers card

    Wednesday, December 7th, 2011

    ACBA-CREDIT AGRICOLE BANK in conjunction with the Zolotaya Korona remittances system has issued a new non-payment Transfers Card. The press service of ACBA-CREDIT AGRICOLE BANK said to ARKA that the card is designed for clients of the bank to make money transfers via Zolotaya Korona system.

    Total volume of trading in U.S. dollars at Nasdaq Omx Armenia in November amounts to about $63.3 million

    Wednesday, December 7th, 2011

    The total volume of currency trading in U.S. dollars at NASDAQ OMX Armenia stock exchange in November amounted to about $63.3 million, an equivalent of about 24.3 billion Armenian drams, according to an analysis conducted by ARKA news agency based on summary of NASDAQ OMX Armenia reports.

    Loan portfolio of Armenian banks’ branches in Karabakh reaches 56.6 billion drams

    Wednesday, December 7th, 2011

    The overall outstanding credit portfolio of Armenia-based banks’ branches in Nagorno-Karabakh Republic (NKR) increased by 41.7% in the first 11 months of the outgoing year to 56.5 billion drams.