Moody’s Investors Service has assigned the following ratings to VTB Bank (Armenia): local currency deposit rating of Ba1, foreign currency deposit rating of Ba3, bank financial strength of D- (equivalent to a ba3 baseline credit assessment [BCA]), and Not-Prime short-term deposit ratings
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Archive for August, 2014
Moody’s assigned Ba1/ Ba3/ Np/D to VTB Bank (Armenia)
Friday, August 15th, 2014Armenian banks won’t be allowed to seize client accounts in full
Friday, August 15th, 2014Armenia’s government approved the draft amendments to the law about enforcement of court orders at its meeting Thursday
Share of nonperforming and written down assets at Armenian banks 5.76% in June 2014
Thursday, August 14th, 2014The share of nonperforming and written down from Armenian banks’ balances assets was 5.76% in June 2014 – 0.21 percentage points less than in May 2014, the Central Bank of Armenia reports on its official website
Individual transfers to Armenia grow 4.75 to $773.2 million in Jan-June 2014
Wednesday, August 13th, 2014More than $773.2 million came to Armenia in Jan-June 2014 as individual noncommercial transfers. This amount is 4.7% more than that transferred to the country at the same period a year earlier
ACBA-CREDIT AGRICOLE BANK holds a job fair for youth
Wednesday, August 13th, 2014ACBA-CREDIT AGRICOLE BANK held a job fair for young people at England Park in Yerevan on Youth Day Tuesday
Armenia’s Central Bank downs refinancing rate 0.25 percent to 6.75%
Tuesday, August 12th, 2014The board of the Central Bank of Armenia decided today to lower the refinancing rate 0.25 percentage points to 6.75%, the regulator’s press office reports
Eurobond transactions at Armenia’s secondary market total $2.5 million in June 2014
Tuesday, August 12th, 2014Eurobond transactions at Armenia’s secondary market totaled $2.5 million in June 2014 against $1 million in May 2014, the Central Bank of Armenia says in a fresh issue of its monthly bulletin
Total investments in Armenian government bonds rose to 243.5 billion drams in June
Tuesday, August 12th, 2014Total investments in Armenian government bonds in June 2014 amounted to 243.5 billion drams, having decreased by 9.3% compared to the month before, according to the monthly bulletin of the Central Bank of Armenia for June
Last week Central Bank sold $3.1 million at NASDAQ OMX Armenia exchange
Tuesday, August 12th, 2014Last week Armenia’s Central Bank sold $5.6 million at NASDAQ OMX Armenia stock exchange at 413.33 drams per USD
Armenia’s commercial banks purchase about $85.7 mln at intra-banking forex market last week
Monday, August 11th, 2014Armenian commercial banks purchased about $85.7mln at a weighted average rate of 408.32drams per $1 in intra-banking foreign exchange market on August 4 – 8, the press service of the Central Bank reported
