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  • Archive for December 16th, 2013

    Gold buying price in Armenia ups 0.74 percent to 14,872 drams per one gram

    Monday, December 16th, 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

    Three major insurance companies pay 67.7% of all traffic accidents compensation in 11 months

    Monday, December 16th, 2013

    Three major Armenian insurance companies paid 67.7% of all compensation payments for damages caused 33,439 traffic accidents involving mandatory insured cars in the first 11 months of this year

    Armenia’s insurance companies pay 9.5 billion drams in mandatory motor insurance compensations in 11 months

    Monday, December 16th, 2013

    Seven Armenia-based insurance companies paid nearly 9.5 billion drams in a total of 48,809 mandatory motor insurance compensations in January-November 2013, a 15.3 percent rise form the year before, the website of Motor Insurers’ Bureau of Armenia reported

    Armenian banks’ lending to residents grew by 5.7 percent in ten months

    Monday, December 16th, 2013

    The amount of lending provided by 21 Armenia-based commercial banks to residents increased by 5.7 percent in the first ten months of the year to 1.602.8 trillion drams, the Central Bank said in a statement posted on its official website

    Green for growth fund to provide 5 million euro loan to Armenian ACBA-CREDIT AGRICOLE BANK

    Monday, December 16th, 2013

    The Green for Growth Fund and Armenian ACBA-CRÉDIT AGRICOLE BANK signed a EUR 5 million senior loan agreement

    Total of $15.8 million traded at NASDAQ OMX Armenia last week

    Monday, December 16th, 2013

    A total of $15.8 million were traded at NASDAQ OMX Armenia stock exchange from December 9-13, against $6.45mln in the previous week, the Central Bank of Armenia told ARKA

    Armenia’s Commercial Banks purchase over $96.7 mln at intra-banking forex market last week

    Monday, December 16th, 2013

    Armenian commercial banks purchased more than $96.7mln at a weighted average rate of 404.87drams per $1 in intra-banking foreign exchange market on December 9-13

    Conversebank raffling off trip for two to Venice

    Monday, December 16th, 2013

    Armenia’s Conversebank is raffling off a trip for two to Venice for all its clients carrying out non-cash transactions via Visa card