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  • Archive for December 11th, 2014

    Armenian Central Bank sells $6 million at forex market

    Thursday, December 11th, 2014

    The Central Bank of Armenia said today it has sold $6 million at the local forex market at the weighted average exchange rate of 464.07 drams per one USD

    Central Bank begins inspecting exchange offices to detect breaches of law

    Thursday, December 11th, 2014

    Armenia’s Central Bank said today its Department of Financial Supervision began December 9 inspecting currency exchange offices and their branches to find out whether they comply with the law and will do so until the end of the year

    Ardshinbank raises ceiling of credit lines available to holders of its payroll cards

    Thursday, December 11th, 2014

    Armenian Ardshinbank said today it has raised the ceiling of credit lines available to holders of its payroll cards up to ten times the size of their net wage. According to a bank’s press release, the credit lines are available in the national currency, the dram

    Share of non-performing assets at Armenian banks reaches 6% in October

    Thursday, December 11th, 2014

    The share of non-performing and written out from banks’ balances assets reached 6% in October 2014 after growing 0.12% over one year, the Central bank of Armenia reports at its official website

    Armenian banks credit investments in resident economy grow 7.9% to AMD 1 817.3 billion

    Thursday, December 11th, 2014

    Loans extended by Armenian commercial banks to residents totaled AMD 1 817.3 billion in late October 2014 after growing 7.9% since the beginning of this year, the Central Bank of Armenia reports at its official website

    Armenia’s Eurobond transactions at $2.6mln in October

    Thursday, December 11th, 2014

    Armenia’s Eurobond transactions amounted to $2.6 million in the secondary market in October, compared to $3.4 million in the month before, the Central Bank of Armenia reports in its monthly information bulletin for October 2014