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  • Archive for January 16th, 2013

    Average interest rate on deposits slips 0.3 points to 8.5% in November 2012

    Wednesday, January 16th, 2013

    Average interest rate on deposits slid 0.3 percentage points in November 2012, compared with the previous month, to 8.5%

    Average interest rate on deposits slips 0.3 points to 8.5% in November 2012

    Wednesday, January 16th, 2013

    Average interest rate on deposits slid 0.3 percentage points in November 2012, compared with the previous month, to 8.5%

    World Bank cuts growth outlook as advanced nations drag

    Wednesday, January 16th, 2013

    A frustratingly slow economic recovery in developed nations is holding back the global economy, the World Bank said on Tuesday, as it sharply cut its outlook for world growth in 2013, Reuters reports

    VTB Bank (Armenia) re-opens three renovated branches in Armenia

    Wednesday, January 16th, 2013

    Russian-owned VTB Bank (Armenia) said it re-opened Tuesday its three renovated branches—two in Yerevan, and one in Ashtarak

    Gold prices down in Armenia

    Wednesday, January 16th, 2013

    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 for this week. The new prices are for one gram of chemically pure metals

    Armenian Ardshininvestbank joins new money transfer Avers system

    Wednesday, January 16th, 2013

    Ardshininvestbank started servicing a news system of international money transfers – AVERS, the bank’s press service told ARKA Agency

    Private transfers to Armenia grew by 10.9% to over $1.5bln in 11 months

    Wednesday, January 16th, 2013

    Private transfers to Armenia grew by 10.9% to over 1.5 billion USD in January-November 2012, as compared to the same period of the year before, the Central Bank of Armenia reported

    Armenian banks’ investments in Government securities dropped to 144.6bln drams in November

    Wednesday, January 16th, 2013

    Armenian commercial banks invested a total of 144.6bln drams in government securities by the end of November 2012, reports the webpage of the Central Bank of Armenia. It is an increase of 7.9% as compared to October