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  • Archive for May, 2012

    Gold price rises in Armenia

    Tuesday, May 29th, 2012

    The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, has set new prices for government agencies to buy and sell precious stones and metals which are effective from May 28 to June 3.

    Some $33.2 million traded as NASDAQ OMX ARMENIA last week

    Tuesday, May 29th, 2012

    The total amount of purchase/sale transactions in USD at NASDAQ OMX Armenia

    The number and amount of transactions by Armenian Card system grows 10-15% annually

    Tuesday, May 29th, 2012

    Exclusive interview with Ishkhan Mkhitaryan, the executive director of Armenian Card payment system.

    Dollar’s exchange rate to normalize in Armenia in June- Expert

    Tuesday, May 29th, 2012

    U.S. dollar will report normal exchange rate in Armenia in June, thinks the Chairman of Financial-Accounting Department of the Faculty of Economics at Yerevan State University Hayk Mnatsakanyan

    U.S. dollar in Armenia to cost 407-412 drams this week

    Tuesday, May 29th, 2012

    Last week the cost of USD at NASDAQ OMX Armenia stock exchange grew by 1.93% to 407.22 drams as overall weekly trading amounted to $33.16 million

    Armenia’s commercial banks purchased over $74.2 mln last week

    Tuesday, May 29th, 2012

    Armenian commercial banks obtained nearly $74.2 million at weighted average rate 400.9 drams per $1 within May 21-25 in intra-banking market

    Metal market: Uncertainty around Greece continues pressuring prices for precious metals

    Tuesday, May 29th, 2012

    Gold prices saw upturn last week due to stabilization of sentiments at commodity assets market. The relative stabilization in sentiments was touched off by the G8 summit held last weekend

    Armenian banks post 28.6 billion drams in net interest income in quarter one

    Friday, May 25th, 2012

    Armenian banks post 28.6 billion drams in net interest income in quarter one

    Areximbank-Gazprombank Group joins Unistream system

    Friday, May 25th, 2012

    Areximbank- Gazprombank Group joined Unistream money transfer system between individuals without having banking accounts, the bank’s press service reported ARKA

    Foreign debt of Armenia’s banks and credit organizations reaches $870.7 mln this first quarter

    Friday, May 25th, 2012

    Foreign debt of Armenia’s commercial banks and credit organizations jumped by 1.6 % to $870.7 million in the first quarter of 2012 against $857.6 million from the fourth quarter, the Central bank of Armenia reports