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  • Archive for May, 2014

    Armenia’s Central Bank still not to keep external assets in gold

    Tuesday, May 20th, 2014

    The Central Bank of Armenia intends to continue not keeping external assets in gold, head of the Central Bank of Armenia Artur Javadyan said

    Armenian banks’ loan portfolio in absolute numbers surged from 400 billion drams in 2007 to 1.7 trillion drams in 2013

    Monday, May 19th, 2014

    Armenian banks’ loan portfolio in absolute numbers surged from 400 billion drams in 2007 to 1.7 trillion drams in 2013, accoridng to Central Bank chairman Arthur Javadyan, who spoke today at parliament

    Javadyan: armenian banks have their roe fallen from 14-15% to 9-10% over six years

    Monday, May 19th, 2014

    Arthur Javadyan, chairman of the Central Bank of Armenia, speaking Monday in the National Assembly, said Armenian banks’ ROE fell from 14-15% to 9-10% over a period between 2008 and 2014

    Armenian bank cards used to make 257.16 billion drams worth transactions in first quarter, 14% year-on-year increase

    Monday, May 19th, 2014

    Plastic cards issued by Armenian banks were used in the first quarter of this year to make a total of 257.16 billion drams worth transactions, an increase of 14% compared with the same period in 2013, the Central Bank said in a statement, posted on its official website. It said the number of transactions grew by 21 percent to 5,282,968

    Armenian Central Bank auctions short-term government bonds worth AMD 500 million

    Monday, May 19th, 2014

    On Tuesday, the Central Bank of Armenia sold 26-week AMGT2617B146 government bonds worth 500 million drams, the regulator’s press office reports

    Javadyan: commercial banks in Armenia can’t afford to extend mortgage loans without prepayment

    Monday, May 19th, 2014

    Arthur Javadyan, chairman of the Central Bank of Armenia, speaking Monday in the National Assembly, said the country’s commercial banks can’t afford to extend mortgage loans without down payment

    Nearly $3.5 mln traded at NASDAQ OMX Armenia stock exchange last week

    Monday, May 19th, 2014

    The Central Bank of Armenia said nearly $3.5 million was traded at NASDAQ OMX Armenia stock exchange from May 12 to 16. It stood at $22.25 million from April 28 to May 8, according to the report

    Armenia’s commercial banks purchase about $115.3 mln at intra-banking forex market last week

    Monday, May 19th, 2014

    Armenian commercial banks purchased about $115.3mln at a weighted average rate of 413.07drams per $1 in intra-banking foreign exchange market on May 12-16, the press service of the Central Bank reported

    NMC tenth issue of bonds listed at NASDAQ OMX Armenia

    Friday, May 16th, 2014

    The tenth issue of bonds by National Mortgage Company Refinancing Credit Organization CJSC (NMC RCO) was listed Thursday, May 15, at NASDAQ OMX Armenia on the main Abond list

    Tourism students go on sightseeing tours in Armenia funded by Areximbank-Gazprombank Group

    Thursday, May 15th, 2014

    Areximbank-Gazprombank Group has funded a four-day sightseeing tour across Armenia in May for the third-year students of tourism department, Russian-Armenian (Slavonic) University, the press office of the bank reported