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  • Archive for November, 2013

    Top ten highest salary paying Armenian banks

    Thursday, November 28th, 2013

    ARKA news agency has compiled the rating of ten Armenian banks with highest salaries in the third quarter of 2013. The list includes HSBC Bank Armenia, ACBA -CREDIT AGRICOLE BANK, Armswissbank, Areximbank – Gazprombank Group, Byblos Bank Armenia, Ameriabank, Armenian Development Bank, ProCredit Bank, Conversebank and Inecobank

    Armenian banks’ spending on training at 231.4mln drams in Q3

    Thursday, November 28th, 2013

    Training expenditures of Armenia’s commercial banks amounted to a total of 231.4 million drams as of the end of September

    Total amount of time individual and private entrepreneurs bank deposits increased by 5.4% in third quarter to 704.4 billion drams

    Wednesday, November 27th, 2013

    The total amount of time deposits kept by individuals and private entrepreneurs in 21 Armenia-based commercial banks increased by 5.4% in the third quarter from the previous one to about 704.4 billion drams as of September 30, according to the banks’ interim financial reports for the third quarter

    Gold buying price drops by 1.9 percent in Armenia to 15,102.94 drams per one gram

    Wednesday, November 27th, 2013

    The 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. The new prices are for one gram of chemically pure metals

    Total amount of corporate time deposits in Armenian banks increased by 10.1 % in third quarter to 214.9 billion drams

    Wednesday, November 27th, 2013

    The total amount of time deposits kept by corporate clients in Armenian banks increased by 10.1 % in the third quarter to 214.9 billion drams, according to the banks’ interim financial reports for the third quarter

    Ardshininvestbank receives second credit tranche of USD 5.0 million world business capital

    Tuesday, November 26th, 2013

    Armenian Ardshininvestbank said today it has received the second credit tranche of USD 5.0 million under the loan agreement

    Central Bank auctions 0.5 billion drams worth short-term bonds

    Monday, November 25th, 2013

    Armenia’s Central Bank said it has auctioned today 500 million drams worth short-term (treasury) government bonds of AMGT13242142 issue maturing in 13 weeks

    Assets of Armenia’s banking system 2.5 times as much as in 2008: Central Bank

    Monday, November 25th, 2013

    Aggregate assets of Armenia’s banking system rose from 1trln in 2008 to
    2.7trln drams as of the end of September 2013, chairman of the Central Bank of Armenia Artur Javadyan
    said at a reception on the 20th anniversary of Armenian Dram Friday

    Armenia’s commercial banks purchase over $97.4mln at intra-banking forex market last week

    Monday, November 25th, 2013

    Armenian commercial banks purchased more than $97.4mln at a weighted average rate of 404.25 drams per $1 in intra-banking foreign exchange market on November 18 – 22, the press service of the Central Bank reported

    Nearly $18.9 mln traded at NASDAQ OMX Armenia stock exchange last week

    Monday, November 25th, 2013

    The Central Bank of Armenia said nearly $18.9 million was traded at NASDAQ OMX Armenia stock exchange from November 18-22. It stood at $14.4 million from November 11-15, according to the report