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  • Archive for June 3rd, 2013

    Agricultural loans total AMD 115 billion in Armenian banks’ AMD 1.7-trillion portfolio

    Monday, June 3rd, 2013

    Armenian banks’ aggregate loan portfolio amounts to AMD 1.7 trillion, Andranik Grigoryan, chief of the Armenian central bank’s division in charge of stability and development of financial system, said Monday at a news conference

    Armenia’s finance system not to be destabilized by imminent gas price rise

    Monday, June 3rd, 2013

    Andranik Grigoryan, chief of the Armenian central bank’s division in charge of stability and development of financial system, speaking Monday at a news conference, said the imminent increase in prices for the imported natural gas will not destabilize Armenia’s finance system

    Central Bank auctions 0.5 billion dram worth bonds

    Monday, June 3rd, 2013

    Armenia’s Central Bank said it had auctioned today 500 million drams worth government treasury bonds of AMGT52026141 issue with a maturity period of 52 weeks

    Armenia’s Converse Bank to sponsor participation of Armenian chess players in quick and blitz Chess World Championship in Khanty-Mansiysk

    Monday, June 3rd, 2013

    Armenia’s Converse Bank will sponsor participation of Armenian chess players Vladimir Hakobyan, Gabriel Sargsyan and Ashot Nadanyan in the quick and blitz chess world championship

    Gold price in Armenia down 1.5 percent to 17,196 drams

    Monday, June 3rd, 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

    Armenia: Forex market review for 29 May to 1 June

    Monday, June 3rd, 2013

    The cost of US Dollar rose by 0.70% to 417.48 drams last week at NASDAQ OMX Armenia stock exchange with the weekly trading totaling $16.92 million

    Revision of Central Bank’s key refinancing rate will depend on inflationary pressures in economy: CB official says

    Monday, June 3rd, 2013

    The revision of the Central Bank’s key refinancing rate will depend on how inflationary pressures in the economy will manifest, Andranik Grigoryan, head of a Central Bank division in charge of financial system development and stability, said today

    Metal market: Gold and Copper quotes remain vulnerable

    Monday, June 3rd, 2013

    Gold prices were mostly climbing last week, however, no definite dynamics was reported. The highest increase was demonstrated in the middle of the week after the USA released its macroeconomic statistics which highlighted US economic slowdown. According to the statistics, the U.S. GDP in the first quarter rose by 2.4% whereas last month it was anticipated at 2.5%. Moreover, weaker than expected labor statistics from America drove the investors to calm down around the quantitative stimulus program terms

    Armenian Premier and WB Chief Executive discussed cooperation prospects

    Monday, June 3rd, 2013

    Armenian Prime Minister Tigran Sargsyan received Monday Chief Executive of the World Bank Frank Heemskerk, the government reported to ARKA

    New summer opportunities opened by Areximbank – Gazprombank Group

    Monday, June 3rd, 2013

    Areximbank – Gazprombank Group is offering new advantages for summer vacations, the bank’s press office told ARKA