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  • Archive for October, 2013

    Armenia’s gross international reserves in September increase by 35.5% from August to $2.430 billion

    Thursday, October 31st, 2013

    Armenia’s gross international reserves in late September amounted to $2.430.6 billion, an increase of 35.5% compared with August, according to the website of the Central Bank of Armenia

    Armenia’s monetary base drops 1.4% down to 722.5 bln drams in September

    Thursday, October 31st, 2013

    Armenia’s monetary base has dropped by 1.4% to AMD 722.5 billion in September, ArmState reported

    Inflation at 0.3% in Armenia in October

    Thursday, October 31st, 2013

    Inflation was 0/3% on Armenia’s consumer market in October against September, ArmStat reported

    VISA profit matches estimates as U.S. retail sales strengthen: Bloomberg

    Thursday, October 31st, 2013

    Visa Inc. (V), the world’s biggest bank-card network, posted a fiscal fourth-quarter profit that matched analysts’ estimates as U.S. retail spending strengthened

    Asian stocks rise on earnings before fed meeting ends: Bloomberg

    Wednesday, October 30th, 2013

    Asian stocks rose, driving the regional benchmark index toward the biggest back-to-back monthly advance since February 2012

    7th issue of corporate bonds by national mortgage company placed at NASDAQ OMX Armenia stock exchange

    Wednesday, October 30th, 2013

    On October 24 the National Mortgage Company Refinancing Credit Organization CJSC (NMC RCO) placed the 7th issue of corporate bonds at NASDAQ OMX Armenia stock exchange

    VTB Bank (Armenia) customers may use internet banking for immediate transactions

    Wednesday, October 30th, 2013

    Customers of Russian-owned VTB Bank (Armenia) can from now on make online transactions by using Internet banking service during the working hours from 9.30 am to 5.30 pm every day

    Twelve Armenian credit organizations are among 1000 largest corporate taxpayers in third quarter

    Tuesday, October 29th, 2013

    YEREVAN, October 29. / ARKA /. Twelve Armenian credit organizations were included in the list of 1000 largest corporate Armenian taxpayers in the third quarter of 2013. Together they paid about 3.4 billion drams in various taxes, according to the State Revenue Committee (SRC). The SRC said about 2.9 billion drams or 85.2 percent were […]

    Armenia may raise from $2 to $3 billion from bonds

    Tuesday, October 29th, 2013

    On September 19 the Armenian government raised $700 million from its first-ever sale of Eurobonds on international markets.  The 7-year bonds were sold through Deutsche Bank, HSBC and J.P. Morgan at a yield of 6 percent. An Armenian finance ministry statement said that investors were ready to buy as much as $3 billion worth of […]

    Armenian state budget deficit 1.8% of GDP: Javadyan

    Tuesday, October 29th, 2013

    Armenian government budget deficit was 1.8% in 2013, a negligible increase compared to the last year level of 1.5%, chairman of the Central Bank of Armenia Arhtur Javadyan said at the parliament hearing on budget Monday