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    May 2013
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  • Archive for May 16th, 2013

    Some 5 billion drams worth transactions made outside Armenia by using banking cards

    Thursday, May 16th, 2013

    The total amount of transactions made in 2013 March by using all types of banking cards issued by Armenian banks outside the country surged by 26.5 percent from the previous month of February to about 5 billion drams, the Central Bank of Armenia said in its monthly bulletin for March

    Armenia to attract cheap funds through eurobonds if preferential lending not available

    Thursday, May 16th, 2013

    By issuing foreign currency-denominated bonds Armenia will have an opportunity to attract some cheap funds amid the slash in preferential lending, Finance Minister David Sargsyan implies

    Armenia’s gross international reserves reduce 9.3% to $1 631.2 million in 1st Q 2013

    Thursday, May 16th, 2013

    Armenia’s gross international reserves totaled $1,631,218,357.35 by the end of the first quarter 2013 after shrinking 9.3% over the quarter

    Armenia set to issue foreign currency-denominated bonds

    Thursday, May 16th, 2013

    The Armenian government on Thursday approved the concept for issuing foreign currency-denominated bonds

    IMF board oks Cyprus loan, warns of risks: Reuters

    Thursday, May 16th, 2013

    The International Monetary Fund’s executive board approved a $1.3 billion (853.7 million pounds), three-year loan to Cyprus on Wednesda