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    December 2014
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  • Archive for December 12th, 2014

    Central Bank cells $6 million at forex market at 470.22 drams per one US dollar

    Friday, December 12th, 2014

    The Central Bank of Armenia sold today $6 million at the local forex market at the average weighted exchange rate of 470.22 drams per one US Dollar

    Armenian currency plunges deeper to 462.81 drams per one US dollar

    Friday, December 12th, 2014

    The average market value of the Armenian national currency, the dram, has plunged further today by 3.72 percentage points to 462.81 per one US Dollar

    Financial and insurance services provided in Armenia in Jan-Oct 2014 total AMD 204.8 billion – 2.4% year-on-year growth

    Friday, December 12th, 2014

    Financial and insurance services worth AMD 204.8 billion were provided in Armenia in Jan-Oct 2014, the National Statistical Service of Armenia reports

    Bank VTB (Armenia) makes a New Year offer on deposits

    Friday, December 12th, 2014

    Bank VTB (Armenia) has announced a promotional deposit offer to its customers ahead of the New Year holidays, the bank’s press office reported

    Jack Ma becomes richest person in Asia

    Friday, December 12th, 2014

    Jack Ma, founder and executive chairman of China’s Alibaba Group, has become the richest person in Asia, reports

    Armenian banks’ overdue loans hike 9.6 percent to 30.3 bln drams in October

    Friday, December 12th, 2014

    Armenian commercial banks’ overdue loans were 9.6 percent up in late October from the previous month standing at 30.3 billion drams, making 1.58% of total loans, according to the latest numbers released by the National Statistical Service (NSS)