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    November 2014
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  • Archive for November 17th, 2014

    Ardshininvestbank changes its name to Ardshinbank and begins re-branding campiagn

    Monday, November 17th, 2014

    As reported earlier, the Central Bank of Armenia has reissued the license to Ardshininvestbank (license N 83) after the bank has changed its name to Ardshinbank

    China’s bad loans jump by most since 2005 in third quarter

    Monday, November 17th, 2014

    China’s bad loans jumped by the most since 2005 in the third quarter, fueling concern that a cooling economy will be further weakened as banks limit lending to avoid credit risks, reported citing Bloomberg

    Nearly $38.2 mln traded at NASDAQ OMX Armenia stock exchange last week

    Monday, November 17th, 2014

    The Central Bank of Armenia said nearly $38.2 million was traded at NASDAQ OMX Armenia stock exchange from November 10 to 14. It stood at $21.45 million from November 3 to 7, according to the report

    Armenia’s commercial banks purchase about $86.8 mln at intra-banking forex market last week

    Monday, November 17th, 2014

    Armenian commercial banks purchased about $86.8mln at a weighted average rate of 414.63rams per $1 in intra-banking foreign exchange market on November 10 to 14, the press service of the Central Bank reported