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    March 2012
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  • Archive for March 12th, 2012

    NASDAQ OMX Armenia participants, anticipating central bank’s interference, refrain from concluding Forex deals

    Monday, March 12th, 2012

    No transactions were effected today at NASDAQ OMX Armenia stock exchange, since market players, anticipating the central bank’s interventions aimed at saving the national currency from devaluation, refrained from concluding forex deals, Mikael Verdyan, analyst at FOREX CLUB, said on Monday.

    Prices for precious metals dropped

    Monday, March 12th, 2012

    Agency “State depository of precious stones and metals” of Armenian Ministry of Finance defined prices for precious metals for the period of March October 12-18, 2012.

    Areximbank-group of Gazprombank plans to take the leadership in the financial market of Armenia

    Monday, March 12th, 2012

    The goals of the long-term development program of “Areximbank-Group of Gazprombank” will have such financial indicators in three years which will allow the bank to take leading positions in the financial market of Armenia, press-service of the Bank informed on Monday ARKA News Agency.

    EBD to double its investment portfolio in Armenia in 2012

    Monday, March 12th, 2012

    Eurasian Development Bank (EDB) is determined to double its portfolio in Armenia, EDB deputy chairman Dmitry Zhurba said on Monday.

    Armenian citizens choose to invest free money in foreign currency savings deposits

    Monday, March 12th, 2012

    In 2012 January Armenian citizens chose to invest their free money in foreign currency savings deposits, which amounted to more than 710.9 billion drams

    Metals market: negative statistics from china and euro zone pressures gold and copper

    Monday, March 12th, 2012

    Gold price fell in the beginning of the last trading week to the new six-week minimum of 1,663.40 USD dollars per troy ounce due to the news from China and Euro zone, and current uncertainty related to Greece’s debt write-off.

    Ameriabank announces special terms of car loans effective throughout women’s month

    Monday, March 12th, 2012

    Ameriabank has announced special terms of car loans that will be effective from March 8 to April 7.

    Areximbank-Gazprombank Group will receive $10 million loan from EDB

    Monday, March 12th, 2012

    The Eurasian Development Bank (EDB) will provide Armenia-based Areximbank-Gazprombank Group with a $10 million loan for on-lending to small and medium-sized businesses.

    Armenia: forex market review from March 5 to 9

    Monday, March 12th, 2012

    The average weighted exchange rate of U.S. dollar at NASDAQ OMX Armenia stock exchange rose 0.37% last week to 390.17 drams.