The impact of the exchange rate fluctuation on monetary assets and their equivalents was positive. It totaled over 3.6 billion drams in the second quarter of this year, according to the banks’
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Archive for August, 2012
Second-quarter exchange rate teetering in Armenia had positive impact on monetary assets
Thursday, August 23rd, 2012Central Bank denies rumors that banks refuse to open bank accounts for Syrian Armenians
Wednesday, August 22nd, 2012Central Bank denies rumors that banks refuse to open bank accounts for Syrian Armenians.
Armenian government will have to pay off $270 million next year
Wednesday, August 22nd, 2012Armenia’s government will have to put aside $270 million next year to pay off its foreign debt
Armenia’s Central Bank sees no grounds to terminate operation of Iranian Bank in the country
Wednesday, August 22nd, 2012A high-level official of Armenia’s Central Bank said today there were no grounds for the termination of
Armenian banks don’t operate transactions with U.N. blacklisted iranian citizens- CB
Wednesday, August 22nd, 2012Armenian banks couldn’t and don’t hold any financial transactions with the citizens of Iran blacklisted by
Armenia’s financial monitoring center investigated one thousand reports about suspicious transactions
Wednesday, August 22nd, 2012Over the past five years the Financial Monitoring Center (FMC) of Armenia’s Central Bank CBA
Greece needs more time to reform, PM Samaras tells paper
Wednesday, August 22nd, 2012Greek Prime Minister Antonis Samaras wants international lenders to give his indebted country more time to complete reforms that have been demanded as a condition for financial aid, he told Germany’s Bild newspaper
Armenian banks lend AMD 918.3 bln to private enterprises in II Q
Wednesday, August 22nd, 2012Lending to private enterprises by Armenian banks rose 10% to nearly 918.3 billion drams in the second quarter
Central Bank of Armenia says it will not allow armenian banks to participate in unacceptable operations
Tuesday, August 21st, 2012In 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, 2012CONTACT 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
