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  • Archive for June 23rd, 2014

    Gold price ups 1.1 percent in Armenia to 15,538 drams

    Monday, June 23rd, 2014

    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

    Insurance companies paid 4.080 billion drams in 21,564 car insurance compensation claims in five months

    Monday, June 23rd, 2014

    All seven Armenia-based insurance companies paid a total of 4.080 billion drams in 21,564 car insurance compensation claims in the first five months of this year, a decline of 5.9% compared to the first five months of 2013, a statement posted on the official website of Armenia’s Car Insurers’ Bureau says

    Ratio of car insurance losses of armenian insurance companies in 2014 may grows 0.1% in May to 59.1%

    Monday, June 23rd, 2014

    The ratio of car insurance losses incurred by Armenia-based insurance companies in 2014 May grew by 0.1 percentage point in May from April to 59.1 percent, according to a statement posted today on the official website of Armenia’s Car Insurance Bureau

    Central Bank auctions 0.5 billion drams worth short-term bonds

    Monday, June 23rd, 2014

    The Central Bank of Armenia has auctioned today 500 million drams worth short-term (treasury) government bonds of AMGT13229149 issue maturing in 13 weeks

    Winners of ARCA - CREDIT AGRICOLE BANK raffle receive awarded free trips to five European cities

    Monday, June 23rd, 2014

    The winners of a special raffle conducted by CBA-CREDIT AGRICOLE BANK were handed last Friday certificates for free trips to five European cities – Naples, Nice, London, Barcelona and Athens. The awarding ceremony was held at the bank’ Armenia branch

    World bank approves $32.67 million financing for CARMAC project for Armenia

    Monday, June 23rd, 2014

    The World Bank Board of Executive Directors approved June 22 a US$32.67 million financing for the Second Community Agricultural Resource Management and Competitiveness (CARMAC) Project for Armenia

    Bank VTB (Armenia) launches reduced rate consumer loans for Summer

    Monday, June 23rd, 2014

    YEREVAN, June 23. /ARKA/. Bank VTB (Armenia) has announced POS loans at lower-than-usual rates during summer, the bank’s press office reported. The bank’s clients will have an opportunity to take a consumer loan in certain sales points of partner companies at a reduced rate and with no prepayment required, says the report. The loans are […]

    Armenia’s commercial banks purchase about $96.35 mln at intra-banking forex market last week

    Monday, June 23rd, 2014

    Armenian commercial banks purchased about $96.35mln at a weighted average rate of 410.19drams per $1 in intra-banking foreign exchange market on June 16- 20, the press service of the Central Bank reported

    Nearly $11.25 mln traded at NASDAQ OMX Armenia stock exchange last week

    Monday, June 23rd, 2014

    The Central Bank of Armenia said nearly $11.25 million was traded at NASDAQ OMX Armenia stock exchange from June 16 to 20. It stood at $9.65 million from June 9 to 13, according to the report