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  • Archive for December, 2013

    Asian Development Bank investments reached $750mln in Armenia over 6-7 years

    Wednesday, December 18th, 2013

    Investments by the Asian Development Bank (ADB) in various sectors in Armenia reached $750 million over the last 6-7 years

    Armenian regulator issues long-term government treasury bonds worth AMD 3.3 billion

    Tuesday, December 17th, 2013

    The Central Bank of Armenia issued today AMGN60294182 government treasury bonds worth AMD 334, 500,000, the press office of the regulator reports

    Inter-banking loans total AMD 67.7 billion in Armenia in late October 2013 – 26.9% year-on-year growth

    Tuesday, December 17th, 2013

    Inter-banking loans, including repo transactions, totaled over AMD 67.7 billion in Armenia in late October 2013 – 26.9% year-on-year growth and 19.5% month-on-month growth, the Central Bank of Armenia says in its monthly report

    Number of transactions by bank VTB (Armenia) clients via VTB Group ATM system tripled

    Tuesday, December 17th, 2013

    umber of transactions carried out by clients of Bank VTB (Armenia) through unified VTB Group ATM network has tripled since June 2011

    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