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    September 2012
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  • Archive for September 20th, 2012

    Armenian Central Bank sells long-term Government bonds worth AMD 3 billion

    Thursday, September 20th, 2012

    On Thursday, the Central Bank of Armenia sold AMGB10172218 long-term treasury government bonds worth 3 billion drams, the regulator’s press office reports

    Lending to industry surges by 10 percent in July to 341 billion drams

    Thursday, September 20th, 2012

    Armenia-based banks’ lending to local industry surged by 10 percent in late July from the previous month to 341.5 billion drams making 24.2 percent of the combined outstanding loan portfolio

    Armenian banks bought $103.4 million at local forex market n September 10-14

    Thursday, September 20th, 2012

    Armenian commercial banks bought a total of $103.4 million at the local forex market on September 10-14 at the average exchange rate of 410.27 drams per one USD, the Central Bank of Armenia told ARKA

    INGO Armenia plans to more than double premiums this year

    Thursday, September 20th, 2012

    INGO Armenia insurance company plans to increase insurance premiums by 220% this year form 2011 to 9.5 billion drams, the company’s executive director Levon Altunian told a news conference September 19