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    August 2012
    M T W T F S S
  • Archive for August 21st, 2012

    Central Bank of Armenia says it will not allow armenian banks to participate in unacceptable operations

    Tuesday, August 21st, 2012

    In retaliation to a Reuters article “Iran looks to Armenia to skirt sanctions” in which it claimed that the Islamic Republic ‘is seeking to expand its banking foothold in Armenia to make up for difficulties in countries it used to rely on to do business,’ Armenia’s Central Bank said:

    Armenian MobiDram joins contact remittance system

    Tuesday, August 21st, 2012

    CONTACT payment system has announced the joining of a new partner in Armenia – cjsc Mobi Dram which will offer through its branches in Yerevan money remittances

    ArCA cards use din July to make 64.2 billion drams worth transactions

    Tuesday, August 21st, 2012

    The total amount of transactions made through Armenian Card (ArCA) payment system in 2012 July exceeded 62.2 billion drams, showing a 21 percent increase from the same month in 2011

    Converse Bank develops special proposals for customers making their first steps in banking system

    Tuesday, August 21st, 2012

    Converse Bank said it has developed special packages of proposals for individuals making their first steps in the banking system of Armenia

    Armenia’s Central Bank auctions 3 billion drams medium-term government treasury bonds

    Tuesday, August 21st, 2012

    Armenia’s Central Bank said Tueday it has auctioned 3 billion drams worth medium-term government treasury bonds of AMGN36294159 issue

    Armenian banks obtain nearly $84.03 mln last week

    Tuesday, August 21st, 2012

    Commercial banks of Armenia obtained $84.03 million at an average weighted exchange rate of

    Armenian banks’ average ROA is 1.71% in II Q

    Tuesday, August 21st, 2012

    Average return on assets (ROA) of Armenia’s commercial banks reported 1.71% in the second quarter 2012 against 1.66% from a quarter earlier