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
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Archive for October, 2013
Armenian banks’ liabilities to clients rose to 1,456.6 bln drams in Q3
Tuesday, October 22nd, 2013Total outstanding credit portfolio of Armenia-based banks amounts to 1.692.5 trillion drams as of September 30
Monday, October 21st, 2013The total outstanding credit portfolio of Armenia-based commercial banks amounted to 1.692.5 trillion drams as of September 30, having increased by almost 11 percent from the beginning of the year, according to the findings of an ARKA study
Gold purchasing price in Armenia drops by 2 percent
Monday, October 21st, 2013The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, has set new prices for government agencies to buy and sell precious stones and metals which are effective for this week
Karnit Flug appointed as first woman to head Israel’s central bank
Monday, October 21st, 2013Karnit Flug was appointed Sunday as the first woman to head Israel’s central bank, RBC reported citing Reuters. Flug, 58, was deputy to previous governor Stanley Fischer and has been acting chief of the Bank of Israel since her predecessor stepped down in June after eight years in the job
Nearly $1.9 mln traded at NASDAQ OMX Armenia stock exchange last week
Monday, October 21st, 2013The Central Bank of Armenia said nearly $1.9 million was traded at NASDAQ OMX Armenia stock exchange on October 14-18. It stood at $6.8 million from October 7 to October11, according to the report
Armenia’s Commercial Banks purchase over $86.2 mln at intra-banking forex market last week
Monday, October 21st, 2013Armenian commercial banks purchased more than $86.2mln at a weighted average rate of 406.50drams per $1 in intra-banking foreign exchange market on October 14-18
Bank VTB (Armenia) expands its Unistream transfers
Monday, October 21st, 2013Bank VTB (Armenia) expands its list of destination countries for money transfers through Unistream, the bank’s press office reported
Armenian banks’ retained earnings surged by 25.5 percent in the first nine months to 35.270.5 billion drams
Friday, October 18th, 2013Armenian banks’ retained earnings surged by 25.5 percent in the first nine months to 35.270.5 billion drams from 28.106.9 billion drams in the same time span in 2012, according to “Banks of Armenia” financial-economic newsletter, compiled by ARKA news agency for the n the third quarter of 2013
Imports financing by HSBC Bank Armenia rose to 20bln drams in nine months
Friday, October 18th, 2013Trade financing by HSBC Bank Armenia amounted to 20 billion drams in the nine months of 2013, an increase of 31% against the year before, head of the bank’s trade financing Kamo Margaryan told reporters at the 8th trade financing academy Friday
Assets of Armenia’s banking system rose by 13.54% to 2,719.6 bln drams in Q3
Friday, October 18th, 2013Aggregate assets of Armenia’s banking system amounted to 2,719.6 billion drams as of the end of September 2013, an increase of 13.54% from the beginning of the year
