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  • Archive for September, 2014

    Armenia’s gross international reserves shrink 8.4% to $1 751.2 million in August

    Tuesday, September 30th, 2014

    Armenia’s gross international reserves totaled $1 751.2 million in late August after shrinking 8.4% over the month, the Central Bank of Armenia reported on Tuesday

    Araratbank attractes USD 15 million for business lending

    Tuesday, September 30th, 2014

    Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO, the Dutch Development Bank) disbursed a loan of USD 15 million to Armenian ARARATBANK OJSC for business lending, the bank said today in a press release

    Armenia’s Central Bank places short-term government bonds worth 1 bln drams

    Tuesday, September 30th, 2014

    The Central Bank of Armenia (CBA) has placed short-term government treasury bonds of AMGT52289152 series worth 500 million drams, the CBA press office reported

    ACBA-CREDIT AGRICOLE BANK launches “Become a Partner” offer

    Tuesday, September 30th, 2014

    ACBA-CREDIT AGRICOLE BANK has created a new sub-brand, “ACBA Business Partner”, after a comprehensive market study, the bank’s press office reported

    Nearly $14.5 mln traded at NASDAQ OMX Armenia stock exchange last week

    Monday, September 29th, 2014

    The Central Bank of Armenia said nearly $14.5million was traded at NASDAQ OMX Armenia stock exchange from September 22 to 27. It stood at $11 million from September 16 to 19, according to the report

    Dollar hits highs vs euro, yen - Reuters

    Monday, September 29th, 2014

    The dollar touched a fresh four-year high against a basket of currencies and a six-year peak against the yen on Monday, getting a tailwind from data showing higher U.S. growth in the second quarter

    Regulator: Armenian banks change their 12-month inflation outlook upward - from 4.7% to 5%

    Monday, September 29th, 2014

    Armenian banks have upped their 12-month inflation outlook from 4.7% to 5%, the Central Bank of Armenia said in its regular report on the monetary policy implementation in the second quarter and program for the third quarter

    Armenia part of EDB Eco-patrol annual event

    Monday, September 29th, 2014

    The Eurasian Development Bank (EDB) held its fourth ecological patrol on Friday September 26. The bank’s staff in Armenia, Belarus, Kazakhstan, Russia and Tajikistan headed to environmental zones to clean and improve parks, water reservoirs, to plant trees, EDB press office reported

    ACBA-CREDIT AGRICOLE BANK launches American Express Cashback Quest contest

    Monday, September 29th, 2014

    ACBA-CREDIT AGRICOLE BANK said today it has launched the unprecedented Cashback Quest quiz that had been announced in late August for all eligible citizens of Armenia aged 18 and above

    Armenia’s commercial banks purchase about $116.7 mln at intra-banking forex market last week

    Monday, September 29th, 2014

    Armenian commercial banks purchased about $116.7mln at a weighted average rate of 406.85rams per $1 in intra-banking foreign exchange market on September 22 to 27, the press service of the Central Bank reported