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  • Archive for March 11th, 2013

    Share of Armenian resident banks’ idle assets 4.33% in Jan 2013

    Monday, March 11th, 2013

    The share of Armenian resident banks’ idle assets and the assets written off from books was 4.33% in January 2013 – 1.03% year-on-year growth, the Central Bank of Armenia reports.

    Armenia: Forex market review for March 4-7

    Monday, March 11th, 2013

    Last week, the average weighted exchange rate of U.S. dollar at NASDAQ OMX Armenia stock exchange grew by 0.01% to 410.74 drams with weekly trading rising to $25.42 million, two times more than in the previous week. The rapid growth in trading volume was due to a large number of transactions made in the first day of the trading week

    Gold prices down in Armenia

    Monday, March 11th, 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

    Eurasian Development Bank to provide $15 million loan to VTB Bank (Armenia) to finance Armenian small and medium businesses

    Monday, March 11th, 2013

                 

    Armenian Central Bank auctions one billion drams short-term bonds

    Monday, March 11th, 2013

    The Central Bank of Armenia said it has auctioned today short-term government bonds worth one billion drams of AMGT52103148 issue with a maturity period of 52 weeks

    Average interest rate on mortgage loans in US dollar in Armenia decrease by 0.4 percentage points to 12.2%

    Monday, March 11th, 2013

    The average annual interest rate on mortgage loans in US dollar issued by Armenian banks in January 2013 decreased by 0.4 percentage points to 12.2%, when compared to 2012 December, the Central Bank of Armenia said in a statement, posted on its official website

    Private transfers to armenia up 10.9% to $83.2 mln in January

    Monday, March 11th, 2013

    Private transfers to individuals in Armenia for non-commercial purposes rose by 10.9% to over $83.2 million in January 2013 compared to the same month a year earlier, the Central Bank of Armenia reported

    The Union of Armenian Banks summed up 2012 performance results

    Monday, March 11th, 2013

                 

    Total of $25.4 mln traded at NASDAQ OMX Armenia stock exchange last week

    Monday, March 11th, 2013

    The Central Bank of Armenia said Monday a total of $25.4 million was traded at NASDAQ OMX Armenia stock exchange from 4 to 7 March

    Metal market: Gold and Copper quotes to dive

    Monday, March 11th, 2013

    The prices for gold were teetering during the past five trading days amid the curbed activity of investors and concerns around the U.S. budget sequester. In addition, strong USD and no data which could influence the quotes brought up no optimism as well