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  • Archive for November, 2014

    Central Bank auctions 2 billion drams worth mid-term government bonds

    Wednesday, November 26th, 2014

    Armenia’s Central Bank said it has auctioned today two billion drams worth mid-term government (treasury) bonds of AMGN36294175 issue maturing until 29 April 2017

    Russia will lose one trillion rubles in revenue in 2015 – minister

    Wednesday, November 26th, 2014

    Russia will lose one trillion rubles in revenue in 2015 because of worsening external economic situation, slowing domestic economic growth and reduction in imports, Russian Finance Minister Anton Siluanov said Wednesday when speaking at the Federation Council, the upper chamber of Russian parliament

    Share of Armenian commercial banks’ non-performing assets 5.88% in September

    Wednesday, November 26th, 2014

    The share of non-performing and written down from banks’ balances assets was 5.88% in September 2014 after shrinking 0.29 percentage points, compared with the previous month, the Central Bank of Armenia reports at its website

    Armenia’s aggregate demand to drop 1.4% in 2014 – Central Bank’s projection

    Wednesday, November 26th, 2014

    According to the Central Bank of Armenia (CBA) projections, gross domestic expenditures in the economy are expected to reduce by 1.4% as of the end of 2014, says the regulator’s inflation report based on monetary-credit policies program for Q4 and actual performance for Q3

    Regulator: No major threats to Armenia's financial stability in connection with adjustment of national currency’s exchange rate

    Tuesday, November 25th, 2014

    The Central Bank of Armenia sees no major threats to the country’s financial stability in connection with the adjustment of the national currency’s exchange rate, Armenak Darbinyan, a member of the central bank’s board, said Tuesday at a briefing

    Armenian Central Bank's total capital minus AMD 24.7 billion in late September

    Tuesday, November 25th, 2014

    The total capital of the Central Bank of Armenia was minus AMD 24.7 billion in late September 2014 against minus 11.3 billion in December 2013, the regulator’s press office reports

    Dollar reaches its eight-year record high against armenian national curency and trades at 435 drams

    Tuesday, November 25th, 2014

    The Armenian dram plunged yesterday to its record low in the last eight years – the national currency fell 16.6 percentage points against the U.S. dollar, which was traded at 435 drams, on average

    Adjustment of Armenia’s national currency prompted by need to make exports more competitive -central bank board member says

    Tuesday, November 25th, 2014

    The latest adjustment of Armenia’s national currency, the dram’s exchange rate is prompted by the need to make Armenian exports more competitive and preserve the Central Bank’s reserves, a Central Bank Board member, Armenak Darbinyan, told a news briefing today

    Armenia’s Central Bank’s liabilities drop by 18 percent in quarter three to over 1.1 trillion drams

    Tuesday, November 25th, 2014

    Armenia’s Central Bank said today its obligations stood at 1.166.6 trillion drams on September 30, having slashed by 18.2 percent or 259.5 billion drams from the beginning of the year

    Central Bank’s assets slash by 19.3 percent (272.9 billion drams) in third quarter to 1.141.9 trillion drams

    Tuesday, November 25th, 2014

    Armenia’s Central Bank said today its total assets have slashed by 19.3 percent (272.9 billion drams) in the third quarter from the beginning of the year to 1.141.9 trillion drams as of September 30