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  • Archive for December, 2011

    MP: diversification of national economy may help Armenia withstand double-dip crisis

    Tuesday, December 27th, 2011

    The Armenian government’s measures taken to diversify the national economy may help the country withstand the double-dip crisis, Gagik Minasyan, chairman of the National Assembly’s financial and budgetary committee, said Tuesday at a news conference.

    Armenian citizens choose to invest their money into deposits in foreign currency

    Tuesday, December 27th, 2011

    In 2011 Armenian citizens chose to invest their free money into time deposits in foreign currency, which rose to the equivalent of 327.7 billion drams at the end of November, according to numbers unveiled by the Central Bank in a statement posted on its official website.

    Volume of placed government bonds by CBA in Armenia was 687 million drams

    Tuesday, December 27th, 2011

    Central Bank of Armenia on Tuesday placed 10-week AMGT10063129 short-term government bonds in the amount of 687 million drams.

    Car Insures’ Bureau denies rumors that purchase of car insurance policy becomes optional in 2012

    Tuesday, December 27th, 2011

    The Armenian Car Insures’ Bureau has denied today rumors that purchase of a car insurance policy becomes optional in 2012.

    Combined lending of Armenian to resident economy grows by 2.5% to overall 1.1 trillion drams

    Tuesday, December 27th, 2011

    Combined lending of Armenian to resident economy grows by 2.5% to overall 1.1 trillion drams.

    Armenia: foreign currency market review for December 19-23

    Tuesday, December 27th, 2011

    Last week U.S. dollar’s average exchange rate against Armenian dram at NASDAQ OMX Armenia stock exchange rose by 0.39% to 383.75 drams.

    Inecobank signs $8 million loan agreement with DWM Asset Management to boost SME

    Tuesday, December 27th, 2011

    Inecobank signs $8 million loan agreement with DWM Asset Management to boost SME.

    Armavir schoolchildren become HSBC global education program benefitiaries

    Monday, December 26th, 2011

    Armavir schoolchildren become HSBC global education program benefitiaries

    Bank VTB (Armenia) announces new year deposit offer for its customers

    Monday, December 26th, 2011

    The Russian-owned Bank VTB (Armenia) announced a new deposit offer for its customers called “New Year.”

    Armenian household deposits in foreign currency rose to 318.4 billion drams as of late October

    Monday, December 26th, 2011

    Armenian household deposits in foreign currency rose to 318.4 billion drams as of late October.