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  • Archive for April, 2014

    Total investments in Armenian government bonds amount to 276.6 billion drams

    Tuesday, April 22nd, 2014

    Total investments in Armenian government bonds in February 2014 amounted to 276.6 billion drams, a 0.6 % increase compared with January, according to the monthly bulletin of the Central Bank of Armenia for February 2014

    ARKA News Agency releases fresh issue of bulletin ‘insurance companies of Armenia’

    Tuesday, April 22nd, 2014

    ARKA News Agency has released a fresh issue of its regular bulletin “The Insurance Companies of Armenia” for the first quarter of 2014

    Seven Armenian banks earned last year 14.8 billion drams in net profits from foreign currency trading

    Tuesday, April 22nd, 2014

    Seven Armenian banks earned last year 14.8 billion drams in net profits from foreign currency trading, according to a report of the Central Bank of Armenia report on financial stability in 2013

    Armenian banks’ liabilities fell to 2,450.4 bln drams in Q1

    Tuesday, April 22nd, 2014

    Liabilities of Armenia’s banks to customers fell by 0.76% to 2,450.4 billion drams in the first quarter of this year

    Areximbank-Gazprombank Group’s profit rises by 98% to 289mln drams in Q1

    Tuesday, April 22nd, 2014

    Net profit of Areximbank-Gazprombank Group amounted to 289 million drams in the first quarter of 2014, an increase of 143.1mln drams or 98% against the same period of the year before

    Nearly $15.25 mln traded at NASDAQ OMX Armenia stock exchange last week

    Tuesday, April 22nd, 2014

    The Central Bank of Armenia said nearly $15.25 million was traded at NASDAQ OMX Armenia stock exchange from April 14 to 18. It stood at $7.85 million from April 7 to 11, according to the report

    Armenia’s commercial banks purchase about $99.2 mln at intra-banking forex market last week

    Tuesday, April 22nd, 2014

    Armenian commercial banks purchased about $99.2mln at a weighted average rate of 413.75drams per $1 in intra-banking foreign exchange market on April 14-18, the press service of the Central Bank reported

    Market value of USD against Armenia’s currency grows by 0.38 percentage points to 414.06 drams

    Friday, April 18th, 2014

    The market value of the USD against Armenia’s national currency has grown today by 0.38 percentage points from April 17 to 414.06 drams, the Central Bank reported

    Dollarization level in Armenia still very high- Central Bank report

    Friday, April 18th, 2014

    The share of loans provided in foreign currency decreased by 2 percentage points by the end of 2013 December to 63.7% in the total amount of lending, while the share of deposits in foreign currency increased by 0.7 percentage points to 71%, according to a Central Bank of Armenia report on the financial stability of the country in 2013

    Western sanctions against Russia’s banks will not affect Armenian banks with Russian capital

    Friday, April 18th, 2014

    Western sanctions against Russia’s banks will not affect Armenian banks with Russian capital, said Andranik Grigoryan, head of a Central Bank department in charge of stability and financial system development