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  • Archive for December, 2011

    Metal markets: gold price shows slight increase

    Monday, December 26th, 2011

    Gold prices rose by 0.64% last week to $1,607.25 per one troy ounce against the backdrop of favorable macroeconomic data from the U.S. and the eurozone, particularly from Germany, as well as due to a successful auction on bonds in Spain.

    Commercial banks of Armenia on December 19 -23 obtained $109.5 million, €7.7 million and 712.3 million rubles

    Saturday, December 24th, 2011

    Commercial banks of Armenia on December 19 -23 obtained $109.5 million, €7.7 million and 712.3 million rubles

    Transactions totaling AMD 740.9 million effected at NASDAQ OMX Armenia stock exchange in November

    Friday, December 23rd, 2011

    Transactions effected at NASDAQ OMX Armenia stock exchange in November totaled AMD 740.9 million – 14.8 times greater amount than that of the deals effected in the previous month.

    CBA: internal demand of Armenia in nine months of 2012 to increase by 4%

    Friday, December 23rd, 2011

    CBA: internal demand of Armenia in nine months of 2012 to increase by 4%.

    Winners of the competition of scholarship named after the first head of CBA Isahak Isahakyan defined

    Friday, December 23rd, 2011

    Winners of the competition of scholarship named after the first head of CBA Isahak Isahakyan defined.

    Armenian Central Bank predicts 6.1% rise in median salary in fourth quarter 2011

    Friday, December 23rd, 2011

    The Armenian Central Bank says in its money and credit program for the fourth quarter of 2011 that the median monthly salary in the fourth quarter of 2011 will rise by 6.1%.

    Number of money transfers operated via Anelik system rises 50% in Jan-Nov 2011

    Friday, December 23rd, 2011

    YEREVAN, December 23. /ARKA/. The number of money transfers operated via Anelik system rose 50% in Jan-Nov 2011, compared with the same period a year earlier, to 1,405,088, Anelik Bank’s press office reported on Thursday. Their amount grew 14% in Jan-Nov 2011, compared with Jan-Nov 2010, to $951,464,240. If this dynamics remain the same, money […]

    Former Armenian premier predicts two decades of recession for global economy

    Friday, December 23rd, 2011

    The global financial and economic crisis is not over at all and will last at least 15 years, Hrant Bagratyan, economist and former Armenian premier, said on Thursday.

    ACBA-CREDIT AGRICOLE BANK awarded Zolotaya Korona remittances system’s certificate

    Thursday, December 22nd, 2011

    ACBA-CREDIT AGRICOLE BANK awarded Zolotaya Korona remittances system’s certificate

    EBRD to provide $6 million loan to Armeconombak for on-lending to SME

    Thursday, December 22nd, 2011

    EBRD to provide $6 million loan to Armeconombank for on-lending to SME.