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    December 2013
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  • Archive for December, 2013

    Six winners established by ACBA-CREDIT AGRICOLE BANK in tuition raffle

    Friday, December 27th, 2013

    ACBA-CREDIT AGRICOLE BANK has held its traditional annual prize draw ahead of the New Year among Visa Student cardholders and raffled off six semester tuition fees, the bank’s press office reported

    Khachaturov leaves “Rosgosstrakh” general director post to head directors board instead

    Friday, December 27th, 2013

    Dmitry Markarov, first deputy director of “Rosgosstrakh” open joint stock company, the sole owner of Russia’s major insurer “Rosgosstrakh” LLC, has been appointed as general director

    Asian stocks climb with metals as yen drops to 2008 low: Bloomberg

    Friday, December 27th, 2013

    Asian stocks climbed with metals, while the yen weakened to a five-year low against the euro

    Dollar rises to five-year high against yen: New Age

    Friday, December 27th, 2013

    The dollar rose to a five-year high against the yen in Asian trading Thursday on the back of strong Japanese share prices in a thin holiday market

    Bank VTB (Armenia) best bank of Armenia 2013 in Gallup International Association poll

    Friday, December 27th, 2013

    Bank VTB (Armenia) has been recognized as the best bank of Armenia in 2013 in a poll carried out by Gallup International Association official representative in Armenia

    Armenian dram bond issued by IFC may become long-term investment instrument for companies managing pension funds in Armenia.

    Thursday, December 26th, 2013

    On December 23, IFC, a member of the World Bank Group, issued a 2 billion dram (approximately $5 million) bond in Armenia. It is the first placement by a non-resident issuer and the first foreign corporate bond issued in Armenia’s capital markets

    National Mortgage Company makes eighth issue of discount bonds

    Thursday, December 26th, 2013

    Today the 8th issue of corporate bonds by “National Mortgage Company” Refinancing Credit Organization CJSC (NMC RCO) ” was placed at NASDAQ OMX Armenia stock exchange

    Bank Anelik raises staff salaries to compensate mandatory payments to pension fund

    Thursday, December 26th, 2013

    Armenian Bank Anelik said it will revise the salaries of its staff upward ‘in order to compensate’ their mandatory payments to pension funds

    New IMF program to aim at consolidating Armenia’s stability

    Tuesday, December 24th, 2013

    The International Monetary Fund (IMF) said its mission led by Mark Horton visited Armenia during December 9-18 to continue discussions on a possible new 38-months Extended Fund Facility (EFF) arrangement

    Armenia's Finance Ministry buy out mid-term government bonds worth AMD 1 billion

    Tuesday, December 24th, 2013

    On Monday, Armenia’s finance ministry bought out mid-term AMGN36294142 government treasury coupon bonds worth AMD 1 billion