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  • Archive for August, 2013

    Moody's puts ratings of six largest U.S. banks on review: WSJ

    Friday, August 23rd, 2013

    Moody’s Investors Service put the debt ratings of the six largest U.S. banks on review, reflecting uncertainty regarding U.S. policies for supporting distressed banks

    National Mortgage Company refinancing credit organization admitted to trading on free market (CBOND) of NASDAQ OMX Armenia

    Thursday, August 22nd, 2013

    Starting August 21, 2013 the sixth issue of discount corporate bonds by “National Mortgage Company” Refinancing Credit Organization CJSC (NMC RCO) was admitted to trading on free market (Cbond)

    Armenian government exempts non-residents from income tax if they invest in eurobonds

    Thursday, August 22nd, 2013

    The Armenian government has made a set of amendments to the “Law on Profit Tax”

    Armenian finance ministry upgraded e-payment system

    Thursday, August 22nd, 2013

    Armenia’s finance ministry said today it has upgraded the government-run electronic payment system at e-payments.am

    Armenian banks’ overdrafts amounted to 275.9bln drams in Q2

    Thursday, August 22nd, 2013

    Overdrafts paid by Armenia’s commercial banks in the second quarter of 2013 against the quarter before rose by 16.1% to 275.9 billion drams, according to an intermediate report analysis by ARKA Agency

    RESO to employ insurance agents and heads of insurance groups in Armenia and Nagorno-Karabakh

    Thursday, August 22nd, 2013

    RESO insurance company announced another round of recruitment of insurance agents and heads of insurance groups in Armenia and Nagorno-Karabakh, the company’s press office reported

    Asia braces for big falls after fed minutes: Reuters

    Thursday, August 22nd, 2013

    Asian markets look set for a rough ride on Thursday after minutes from the Federal Reserve July policy meeting were taken as affirming the outlook for a near-term tapering in stimulus, sending Treasury yields to two-year highs

    Armenian inflation in first seven months rises 4.7 percent

    Wednesday, August 21st, 2013

    Inflation in Armenia in January-July 2013 rose by 4.7 percent from the year before, according to the latest numbers, released by the National Statistical Service

    Loan investments and leasing transactions of Armenian credit organizations rose to 155.4bln drams by end of June

    Wednesday, August 21st, 2013

    Loan investments and leasing operations of Armenia’s credit organizations climbed by 11.1% to 155.4 billion drams as of the end of June 2013, from December 31 the year before

    Moody’s changes Armenia’s rating from negative to stable

    Wednesday, August 21st, 2013

    Moody’s Investor Service released a report saying it changes outlook on Armenia’s Ba2 rating to stable from negative, Armenia’s ministry of finance reported