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  • Archive for November, 2013

    Armenia’s Central Bank’s external liabilities down 5.5 percent to $691.2 million

    Thursday, November 21st, 2013

    Armenia’s Central Bank said its total external liabilities stood at $691.2 million as of September 30, some 5.5 percent down from the beginning of the year

    Armenian banks allocate 198 billion drams in overdrafts in 3rd quarter, 28 percent less than in previous one

    Thursday, November 21st, 2013

    In the third quarter of 2013 Armenia-based commercial banks allocated 198.7 billion drams worth overdrafts, a decrease of 28% compared with the previous quarter, according to the banks’ interim financial statements for the III quarter of 2013, provided to ARKA

    Number of Armenian bank branches rose to 484 at end Q3

    Thursday, November 21st, 2013

    Number of branches of Armenia’s banks reached 484 as of the end of the third quarter 2013, which is 6 more than in Q2

    Total assets of Armenian insurance companies grew by 23 percent in nine months to 46.2 billion drams

    Wednesday, November 20th, 2013

    Total assets of seven Armenia-based insurance companies amounted to more than 46.2 billion drams as of September 30, 2013, having increased by 23.3 percent from the beginning of the year

    Armenia’s Central Bank awards license to AMUNDI-ACBA ASSET MANAGEMENT to run Armenian investment funds

    Wednesday, November 20th, 2013

    Armenia’s Central Bank said today it has awarded a license to AMUNDI-ACBA ASSET MANAGEMENT jsc to run Armenian investment funds

    Issuing eurobonds great achievement for Armenia: WB

    Wednesday, November 20th, 2013

    Armenia’s issue of Eurobonds and coming to international capital market is a great achievement, World Bank regional director for the South Caucasus Henry Kerali said

    Central Bank of Armenia issues benchmark mid-term bonds worth 4bln drams

    Wednesday, November 20th, 2013

    The Central Bank of Armenia placed mid-term government treasury bonds worth 4 billion drams on November 19

    VTB Bank (Armenia) finances construction of YerevanMall

    Tuesday, November 19th, 2013

    The Russian-owned VTB Bank (Armenia) said in a press release that together with Ameriabank it is financing the construction of YerevanMall trade center in Yerevan, started in 2010

    Armenian Central Bank’s total liabilities grew by 26 percent in quarter three to 1.482.9 trillion drams

    Tuesday, November 19th, 2013

    Armenian Central Bank said its total liabilities stood at 1.482.9 trillion drams as of September 30, having increased by 26 percent or 306.3 billion drams from the beginning of the year

    Loan investments, leasing by Armenia’s Credit Organizations rise to 159.1bln drams

    Tuesday, November 19th, 2013

    Loan investments and leasing transactions by Armenia’s credit organizations rose to 159.1 billion drams as of the end of September, an increase of 19.3 billion drams or 13.8% compared to end of 2012 level