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    July 2013
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  • Archive for July, 2013

    Armenia’s gross international reserves shrink 3.8% to $1605.7 million in June

    Wednesday, July 31st, 2013

    Armenia’s gross international reserves totaled $1605.7 million in late June 2013 after shrinking 3.8% over the month, the Central Bank of Armenia reported today

    Number of Armenian commercial banks’ clients grows 1.2% to AMD 1.76 million in May

    Wednesday, July 31st, 2013

    The number of Armenian banks’ clients reached 1,768,146 by late May 2013 after growing 20.7%, compared with the same month a year before, and 1.2%, compared with the previous month, National Statistical Service of Armenia reports

    Armenia’s monetary base fell by 7.8% to 659.2bln drams in June

    Wednesday, July 31st, 2013

    Armenia’s monetary base dropped by 7.8% to about 659.2 billion drams in June against May, ArmStat reported based on the information from the Central Bank of Armenia (CBA)

    Loan investments of Armenian banks surged 8% to AMD 1 660,8 bln in 2Q

    Wednesday, July 31st, 2013

    Loan investments of the Armenian commercial banks rose by 8% in June from earlier this year to 1 660,8 billion drams

    Bank of Cyprus large depositors to lose 47.5%, CypLive says

    Wednesday, July 31st, 2013

    Write-offs to the uninsured portion of deposits in the Bank of Cyprus will be 47.5% – the funds will be converted into shares of the bank, said on Monday the deputy spokesman of the Government of Cyprus Victor Papadopoulos at a briefing in Nicosia, CypLive reported

    Ardshininvestbank joins state program on lending to military officers

    Tuesday, July 30th, 2013

    Starting from today, Ardshininvestbank will loan the military servants for purchases of household appliances within the framework of state lending program, according to the bank

    Gold price rises 3.2 percent in Armenia to 16,125.36 drams

    Monday, July 29th, 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 finance ministry’s press office released following prices set for this week

    Six insurance companies in Armenia among country’s 1000 largest taxpayers in 2nd Q 2013

    Monday, July 29th, 2013

    Six insurance companies in Armenia found themselves among the country’s 1000 largest taxpayers in the second quarter of this year

    Armenia’s commercial banks paid 22 bln drams to budget

    Monday, July 29th, 2013

    All 21 commercial banks operating in Armenia are on the top 1,000 taxpayers list, having paid a total of about 22 billion drams to the budget in the second quarter, Armenia’s State Revenues Committee reports

    Thirteen credit organizations in Armenia added AMD 2.6 bln to budget in 2Q, listed among 1,000 major taxpayers

    Monday, July 29th, 2013

    Thirteen credit organizations of Armenia are ranked among 1,000 major taxpayers in Armenia in the second quarter