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  • Archive for August, 2014

    Armenia to earmark AMD 17 to 20 million for modernization of high schools

    Friday, August 22nd, 2014

    Armenia’s government has approved the loan agreements signed with the International Development Association and the International Bank for Reconstruction and Development for modernization of the education system

    Gold buying price jumps 0.1% to 15,848.91 drams in Armenia

    Thursday, August 21st, 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

    3.4% inflation in Armenia in Jan-June 2014

    Wednesday, August 20th, 2014

    Inflation in Armenia was recorded at 3.4% in Jan-June 2014, compared with the same period a year earlier, the National Statistical Service reports

    VTB Bank (Armenia) announces diamond loans for population

    Wednesday, August 20th, 2014

    VTB Bank (Armenia) said today from now the population can use their diamonds to receive a secured loan from the bank

    VTB Bank (Armenia) extends working hours in some branch offices

    Tuesday, August 19th, 2014

    Bearing in mind the growing demand from its clients, VTB Bank (Armenia) has tentatively extended working hours of some branch offices from August 19 to the end of September, the bank’s press office reported

    ACBA-CREDIT AGRICOLE BANK opens its 50th branch office

    Tuesday, August 19th, 2014

    ACBA-CREDIT AGRICOLE BANK opens its 50th branch office, “Kesaria”, at Malatia-Sebastia, Sherami st. 93/3, Yerevan

    Nearly $9mln traded at NASDAQ OMX Armenia stock exchange last week

    Tuesday, August 19th, 2014

    The Central Bank of Armenia said nearly $9 million was traded at NASDAQ OMX Armenia stock exchange from August 11 to August 15. It stood at $12.6 million from August 4 to August 8, according to the report

    Armenia’s commercial banks purchase about $87.4 mln at intra-banking forex market last week

    Tuesday, August 19th, 2014

    Armenian commercial banks purchased about $87.4mln at a weighted average rate of 410.47drams per $1 in intra-banking foreign exchange market on August 11 – 15, the press service of the Central Bank reported

    Net profit of Armenia’s Credit Organizations for Jan-June 2014 amounts to AMD 3798.8 million

    Friday, August 15th, 2014

    The aggregate net profit of Armenia’s credit organizations for the first half of 2014 amounted to AMD 3798.8 million – a 7% year-on-year growth

    ARKA releases fresh issue of its “Credit Organizations of Armenia” bulletin

    Friday, August 15th, 2014

    ARKA News Agency has released its economic and financial bulletin – “Credit Organizations of Armenia” for the second quarter of 2014