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  • Archive for December, 2012

    Regulator: economic activity in Armenia for Jan-Oct 2012 recorded at 7.2%

    Friday, December 21st, 2012

    Economic activity in Armenia in Jan-Oct 2012 was recorded at 7.2%, the press office of the Central Bank of Armenia said today in its report presenting the results of the bank board’s meeting held on December 11

    S&P cuts Cyprus rating, adr.com reports

    Friday, December 21st, 2012

    Standard & Poor’s Ratings Services has cut Cyprus’s rating two notches into highly speculative territory, citing escalating financial pressure and uncertainty as bailout negotiations remain unresolved ahead of a presidential election

    3.6% inflation recorded in Armenia in November

    Friday, December 21st, 2012

    An inflation rate of 3.6% was recorded in Armenia in November against the same month of 2011, the country’s national statistical service reported.

    Areximbank – Gasprombank Group to offer transfers via AVERS and coinstar money transfer

    Friday, December 21st, 2012

    Areximbank – Group of Gasprombank has been authorized by the Central Bank of Armenia to carry out international money transfers for clients via AVERS (Ukraine) and COINSTAR MONEY TRANSFER (Great Britain) systems, the bank’s press service told ARKA Agency

    Ardshininvestbank branch in Tashir moves in new renovated, comfortable building

    Thursday, December 20th, 2012

    A branch of Ardshininvestbank in the town of Tashir in the northern province of Lori has moved today into a new renovated, comfortable building, which meets the current requirements of good customer service, the bank told ARKA

    Central Bank to auction 2 billion AMD worth bonds

    Thursday, December 20th, 2012

    Armenia’s Central Bank said it will auction December 25 some 2 billion drams worth mid-term government bonds of AMGN6014A151 issue

    Armenia’s economic activity jumps 5.5% in November

    Thursday, December 20th, 2012

    Economic activity in Armenia rose 5.5% in November 2012 from a year earlier, according to the National Statistical Service of Armenia

    World gold holdings hit 31,491.1 t in October 2012

    Thursday, December 20th, 2012

    World gold holdings hit 31,491.1 t in October 2012.

    Armenia’s CB auctions long-term government treasury bonds at AMD 1.31 bln

    Thursday, December 20th, 2012

    Armenia’s Central Bank said Thursday it had auctioned long-term government treasury bonds of AMGB10172218 issue valued at 1.31 billion drams with a ten-year maturity period

    Аmeria consulting: Armenian households’ demand for mortgage loans amounts to $350 million

    Thursday, December 20th, 2012

    Some 1020 surveyed households aggregate demand for mortgage lending amounts to approximately $350 million, Tigran Jrbashyan, the head of Ameria Consulting Company, said today while presenting the results of studies conducted as part of French Development Agency and Armenian National Mortgage Company’s joint mortgage lending project.