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  • Archive for February, 2013

    Trade lending by Armenia’s Banks hiked 18.1% to AMD 333.4 bln in 2012

    Wednesday, February 27th, 2013

    Trade lending by Armenia’s commercial banks upped by 18.1% as of December 31 to about 333.4 billion drams from 2011

    Armenia’s Central Bank projects 12-month inflation at 4.5% by end of June

    Wednesday, February 27th, 2013

    Armenia’s central bank projects the 12-month inflation to rise up to 4.5% by the end of June 2013, says the regulator’s report on inflation

    Total liabilities of armenian credit organizations to banks rose by 1.9% to 34.6 bln drams in Q4

    Tuesday, February 26th, 2013

    . Total liabilities of credit organizations of Armenia to banks, were over 34.6 billion drams as of December 31, 2012, an increase of 676.2 million drams or 1.9% as compared to the third quarter

    Over 300 Areximbank-Gazprombank Group cardholders used TEMPO service in 2012

    Tuesday, February 26th, 2013

    Russia-owned Areximbank-Gazprombank Group said Tuesday its 304 cardholders used TEMPO service in 2012

    Nikkei dives 2%, Italy uncertainty rattles Asia, CNBC reports

    Tuesday, February 26th, 2013

    Asian stock markets tumbled on Tuesday, with Japan leading losses after a general election in Italy pointed to deadlock in parliament and raised fears of a new crisis in the euro zone

    US stock markets drop as Italy election reignites fears of Europe debt crisis, guardian reports

    Tuesday, February 26th, 2013

    S stocks had their worst drop in more than three months as the prospect of political paralysis in Italy raised the specter of Europe’s debt crisis flaring up again, Guardian.co.uk reported

    Armenia’s Central Bank auctions 1.5 billion drams short-term government treasury bonds

    Monday, February 25th, 2013

    Armenia’s Central Bank said Monday it has auctioned 1.5 billion drams worth short-term government treasury bonds of AMGT13275134, AMGT26268134, AMGT3925B133 issues (500 mln drams worth each ) with 13, 26 and 39- week maturity periods respectively

    Share transactions at NASDAQ OMX Armenia ups twice to nearly $1 mln in 2012

    Monday, February 25th, 2013

    Volume of share transactions at NASDAQ OMX Armenia stock exchange rose twice in 2012 from a year earlier

    According to 95% of bankers, armenian 12-month inflation to range between 2.5% and 5.5%

    Monday, February 25th, 2013

    About 95% of respondents from Armenian banking system project a 12-month inflation level to range between 2.5% and 5.5%, according to the results of the poll conducted by Armenia’s Central Bank in the fourth quarter of 2012

    Armenia’s monetary base drops 4% to 655.9bln drams in Jan-2013

    Monday, February 25th, 2013

    Armenia’s monetary base dropped by 4% to about 655.9bln drams in January 2013, compared to December 2012