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    September 2013
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  • Archive for September, 2013

    Armenia has one of the most stable banking systems in region: board member says

    Monday, September 30th, 2013

    A Central Bank of Armenia Board member Armenak Darbinyan praised today the country’s banking system describing it as ‘one of the most stable financial systems in the region’, adding also that this should be advertised vigorously among citizens

    Armenia’s money supply in August grows by 0.95 percent to 1.426 trillion drams

    Monday, September 30th, 2013

    Armenia’s money supply in August saw a 0.9 percent rise from July to about 1.425.6 trillion drams, according to the numbers, released today by the National Statistical Service, which cited the Central Bank data

    Central Bank of Armenia launches my financial month program

    Monday, September 30th, 2013

    The Central Bank of Armenia has launched today a campaign, called “My financial month,” designed specially to help citizens raise their awareness of how to manage their personal finances

    Armenia’s monetary base ups 1.1 percent in August

    Monday, September 30th, 2013

    Armenia’s monetary base rose by 1.1 percent in 2013 August from the previous month to about 733.1 billion drams, the National Statistical Service said citing the data of the Central Bank

    Armenia’s gross international reserves rose by 2.5% to $1,794.3mln

    Monday, September 30th, 2013

    Armenia’s gross international reserves totaled $1,794.3 million in August 2013, an increase of 2.5% compared to July, the Central Bank of Armenia reported today

    Nearly $22.7 mln traded at NASDAQ OMX ARMENIA stock exchange last week

    Monday, September 30th, 2013

    The Central Bank of Armenia said nearly $22.7 million was traded at NASDAQ OMX Armenia stock exchange from September 23 to 28

    Armenia’s Commercial Banks purchase over $120.8mln at intra-banking Forex market last week

    Monday, September 30th, 2013

    Armenian commercial banks purchased more than $120.8mln at a weighted average rate of 404.86 drams per $1 in intra-banking foreign exchange market on September 23-28

    Budget deficit to amount to AMD 110.5 billion in 2014

    Saturday, September 28th, 2013

    Armenian Finance Minister David Sargsyan, presenting today the 2014 draft government budget to the Cabinet

    VTB bank (Armenia) joins MasterCard as acquirer and issuer

    Saturday, September 28th, 2013

    VTB Bank (Armenia) said today it has joined the MasterCard international payment system as an Acquirer and Issuer, which will allow it to issue MasterCard cards and service them via its ATM network and also carry out merchant acquiring

    Over half of citizens of 15 countries willing to start saving at early age: HSBC report

    Saturday, September 28th, 2013

    HSBC’s report found 53% of retirees say that ‘Start saving at an early age’ is the best financial advice they have ever received, ARKA reports referring to the results of The Future of Retirement study