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  • Archive for October 22nd, 2013

    Central Bank of Armenia allows Converse Bank to set up and operate payment and settlement system

    Tuesday, October 22nd, 2013

    The Central Bank of Armenia has awarded the Converse Bank a license for the establishment and operating an Armenian payment and settlement system Converse Transfer, the regulator said today

    Ratio of Armenian banks’ assets to GDP rises 1.9% in Jan-June 2013 to 64.1%

    Tuesday, October 22nd, 2013

    Ratio of Armenian banks’ assets to GDP rose 1.9 percentage points in Jan-June 2013 to 64.1%, the central bank’s financial stability report says

    NASDAQ OMX Armenia and Central Depository of Armenia to conduct open doors day

    Tuesday, October 22nd, 2013

    On October 25, 2013 NASDAQ OMX Armenia stock exchange and the Central Depository of Armenia will open their doors to everyone interested in capital markets, Nasdaq OMX Armenia said

    ACBA-CREDIT AGRICOLE BANK expects its full year profits to be between AMD 4.5 and 5 billion in 2013

    Tuesday, October 22nd, 2013

    ACBA-CREDIT AGRICOLE BANK expects its full year profits to be between AMD 4.5 and 5 billion, an increase of 10%-15% over the last year, Nikolay Hovhannisyan, deputy executive director of the bank, told journalists on Tuesday

    EBRD provides US $12.5 million local currency financing to ACBA-CREDIT AGRICOLE BANK in Armenia

    Tuesday, October 22nd, 2013

    The European Bank for Reconstruction and Development (EBRD) is continuing to strengthen financial intermediation in the Armenian private sector with a particular focus on micro, small and medium-sized enterprises (MSMEs)

    Armenian banks’ liabilities to clients rose to 1,456.6 bln drams in Q3

    Tuesday, October 22nd, 2013

    Liabilities of Armenia’s banks to customers in rose by 16.83% to 1,456.6 billion drams as of the end of September against the beginning of the year