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  • Archive for April 22nd, 2013

    Top manager of fidelity investments to help Armenian Ameriabank to improve corporate governance

    Monday, April 22nd, 2013

    Robert von Rekowski, an independent member of Ameriabank’s Board of Directors, says he is ready to share his experience and help to further the corporate governance of Ameriabank

    Development of NASDAQ OMX Armenia stock exchange will increase foreign investments in Armenian capital market: Robert Von Rekowski

    Monday, April 22nd, 2013

    Development of NASDAQ OMX Armenia stock exchange will give a strong boost to attraction of foreign investments in the Armenian capital market, says Robert von Rekowski, an independent member of Ameriabank’s Board of Directors

    Gold price downs in Armenia

    Monday, April 22nd, 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 Central Bank auctions short-term government bonds worth AMD 1 billion

    Monday, April 22nd, 2013

    On Monday, the Central Bank of Armenia auctioned 26-week AMGT2621A134 and 13-week AMGT13227135 government bonds worth 500 million drams each, the regulator’s press office reports

    Metal market: gold and copper prices down losing investment support

    Monday, April 22nd, 2013

    Last week gold prices tumbled to record low 1,320.84 USD per troy ounce over the two years. Most severely they fell on Monday, April 15

    Armenia: Forex market review for April 15-19

    Monday, April 22nd, 2013

    Last week, the average exchange rate of U.S. dollar at NASDAQ OMX Armenia stock exchange fell by 0.36% to 415.50 drams and the weekly trading totaled $7.87 million, which was 28.0% less than the previous week

    Around AMD 2.8bln paid in mandatory car insurance compensations in Armenia in Q1

    Monday, April 22nd, 2013

    Armenia’s insurance companies paid a total of about 2,763.6 million drams in 13,947 compensations for mandatory car insurance in the first quarter of 2013, Armenian Motor Insurers’ Bureau reported

    VTB capital acquires ten percent of Bulgarian corporate commercial bank

    Monday, April 22nd, 2013

    VTB Capital, the investment business of VTB group, the second largest Russian bank, has acquired 9.9% of the capital of Bulgarian lender Corporate Commercial Bank from Dewa International Limited

    Top 3 Armenian insurers pay total of over AMD 1.9 bln in car insurance compensations

    Monday, April 22nd, 2013

    Armenia’s top three insurance companies paid a total of about 1.9 billion drams or 68.7% of the overall volume of car insurance compensations in the first quarter of 2013

    Armenia’s Central Bank to issue medium-term government treasury bonds at AMD 45 bln

    Monday, April 22nd, 2013

    Armenia’s Central Bank will issue medium-term government treasury bonds of AMGN60294182 series valued at 45 billion drams on April 29