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  • Archive for July, 2014

    $96 million bought by banks at Armenia’s intra-bank forex market last week

    Monday, July 21st, 2014

    Commercial banks bought 96 million US dollars at Armenia’s intra-bank forex market over a period between July 14 and 18 at 406.6 drams per one dollar, on average, the press office of the Central Bank of Armenia reports

    Liabilities of Armenian commercial banks decrease by 1.6% in first half to 2 429.7 trillion drams - Arka study 18.07.2014 15:05

    Friday, July 18th, 2014

    The liabilities of Armenian commercial banks decreased by 1.6% in the first half of 2014 to 2 429.7 trillion drams, according to the findings of an ARKA news agency’s study

    Aggregate assets of Armenia’s banks reduce 0.74% to AMD 2 916.8 billion

    Friday, July 18th, 2014

    Armenian banking sector’s total assets amounted to about AMD 2 916.8 billion by June 30, 2014 after shrinking 0.74% since the beginning of this year

    Latest U.S. sanctions against Russia will not affect Gazprombank’s operation- press release

    Thursday, July 17th, 2014

    The latest tougher sanctions against Russia announced by Washington on Wednesday, targeting major banks and energy companies will not affect the financial stability of Gazprombank, Areximbank-Gazprombank Group, Gazprombank’s Armenian subsidiary, said today in a statement

    Market value of USD drops further by 0.22 percentage points to 406.97 drams

    Thursday, July 17th, 2014

    The market value of USD has dropped further by 0.22 percentage points today from July 16 to 406.97 drams, the Central Bank of Armenia reported

    Russia’s Central Bank downs its 2014 deposit growth outlook to 10-12%

    Thursday, July 17th, 2014

    Russia’s central bank has downed its 2014 outlook on growth in the population’s deposits to 10-12%, Mikhail Sukhov, deputy chairman of the bank, said on Thursday

    Ardshininvestbank posts 36.2 percent rise in six month net profit

    Thursday, July 17th, 2014

    Armenian Ardshininvestbank said today that during the first semester of 2014 its net profit amounted to AMD 2.8 billion outperforming the result of the comparable period of the last year by 36.2%

    USD value drops by 0.1 percentage point to 407.19 drams, Central Bank says

    Wednesday, July 16th, 2014

    The value of USD has dropped today by 0.1 percentage point from July 15 to 407.19 drams, the Central Bank reported

    Total investments in Armenian government bonds in May 2014 grew by 2.1 percent to 268.4 billion drams

    Wednesday, July 16th, 2014

    Total investments in Armenian government bonds in May 2014 amounted to 268.4 billion drams, having increased by 2.1% when compared to the previous month of April, according to the monthly bulletin of the Central Bank of Armenia for May 2014

    National mortgage company places 1.2 billion drams worth corporate bonds

    Wednesday, July 16th, 2014

    On June 24, 2014 placement of the 11th issue of corporate bonds by “National Mortgage Company” Refinancing Credit Organization CJSC (NMC RCO) took place at NASDAQ OMX Armenia, head of the company, Mher Yedigaryan said today