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  • Archive for January, 2014

    Armenian euro bond yield down to 5.8% - Minister

    Thursday, January 30th, 2014

    Yield of Armenian euro bonds has been declining since September 2013 and is 5.85-5.8% now, as compared to 6.25% in September, Armenia’s minister of finance David Sargsyan told a press conference Wednesday

    Minister: no decision for selling precious metals from state depository

    Wednesday, January 29th, 2014

    On Wednesday, Armenian Finance Minister David Sargsyan, denying media reports that the government is selling precious metals and stones from the State Depository for Precious Metals

    VTB Group and MultiCarta launch ATM mobile geolocation service

    Wednesday, January 29th, 2014

    The Russian VTB Group and MultiCarta Company have announced the launch a new service – mobile geolocation of ATMs – for devices based on Windows Phone

    Nearly $12.5 mln traded at NASDAQ OMX Armenia stock exchange last week

    Wednesday, January 29th, 2014

    The Central Bank of Armenia said nearly $12.5 million was traded at NASDAQ OMX Armenia stock exchange from January 20 to 24. It stood at $24.4 million from January 13 to 17, according to the report

    Armenia’s commercial banks purchase over $94.6 mln at intra-banking forex market last week

    Wednesday, January 29th, 2014

    Armenian commercial banks purchased more than $94.6mln at a weighted average rate of 406.33drams per $1 in intra-banking foreign exchange market on January 20-24, the press service of the Central Bank reported

    Armenia’s minister of finance met with Fitch Ratings experts

    Wednesday, January 29th, 2014

    Armenia’s minister of finance David Sargsyan met with Fitch Ratings expert group last Friday

    Armenia’s inflation last year was 5.8 percent

    Friday, January 24th, 2014

    Armenia saw last year its inflation rise 5.8% from the year before, according to the latest numbers of the National Statistical Service (NSS)

    MoneyGram awards Bank VTB (Armenia) for significant growth

    Friday, January 24th, 2014

    MoneyGram company has awarded Bank VTB (Armenia) a diploma “For significant growth” in the instantaneous money remittance market in 2013, the bank’s press office reported

    Armenia’s Bank Anelik joins Intel Express

    Friday, January 24th, 2014

    Bank Anelik cjsc has joined the Intel Express money transfer system, the bank’s press office reported

    Euro extends gains against dollar after U.S. data

    Friday, January 24th, 2014

    The euro extended gains against the dollar on Thursday following the release of a flurry of U.S. data, as expectations for further monetary easing by the European Central Bank