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  • Archive for September 20th, 2013

    Sarkisov: insurance penetration in armenia will come with the culture of the business

    Friday, September 20th, 2013

    RESO insurance company opened the other day a head office in Yerevan. The opening ceremony was attended by Sergey Sarkisiov, Reso Garantia insurance company’s board chairman and a member of RESO board. ARKA news agency asked him several questions about the challenges facing the company. Mr. Sarkisov gladly responded sharing also his thoughts about the prospects of development of insurance market in Armenia.

    Opinion: issue of eurobonds may spur Armenia’s securities market

    Friday, September 20th, 2013

    The issue of Eurobonds may spur Armenia’s securities market, Tatul Manaserysan, an economist and the head of the Alternative think tank, said in an interview with ARKA News Agency

    Order books on the Republic of Armenia's new seven-year bond have exceeded USD3BN: Minister

    Friday, September 20th, 2013

    Order books on the Republic of Armenia’s new seven-year bond have exceeded USD3bn, finance minister David Sarkisain said today

    Consume prices in Jan.-Aug. in Armenia upped 5.3 percent

    Friday, September 20th, 2013

    Consumer prices in Armenia in the first eight months this year rose by 5.3 percent from the year earlier, the National Statistical Service said today

    Doubtful lending fo Armenian banks in first half grows by 38% to 15.1 billion drams

    Friday, September 20th, 2013

    Doubtful loans of Armenian commercial banks amounted to 15.1 billion drams in the first half of the year, having increased by 38 percent when compared with the same period last year, according to the Bulletin of the Central Bank of Armenia for the second quarter

    New head of EBRD Yerevan office welcomes first issue of armenian eurobonds

    Friday, September 20th, 2013

    The new head of EBRD Yerevan Resident Office, Mark Davis, welcomed Thursday the first issue of US Dollar – denominated eurobonds by Armenian government saying it will have a beneficial impact on the financial sector and will attract new investors to the local market

    Armenia issues $700 million worth US dollar bonds

    Friday, September 20th, 2013

    The Republic of Armenia’s has set a final yield of 6% on its first issue of a benchmark-sized US dollar bond, the ministry of finance said. The maturity period is seven years