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  • Archive for December 18th, 2014

    ATMs number reaches to 1,357 in Armenia

    Thursday, December 18th, 2014

    The number of ATMs installed in Armenia by commercial banks rose to 1,357 at the end of September 2014, the Central bank said in its monthly bulletin for the third quarter. It said their number increased by 22 in the third quarter

    Ardshinbank reopens renovated branch in Spitak

    Thursday, December 18th, 2014

    Ardshinbank said today it had re-opened its branch in the town of Spitak on December 17 after a major renovation and refurbishment

    Hard currencies lose value against Armenian currency after Javadyan’s statement

    Thursday, December 18th, 2014

    The US Dollar and Euro began losing their value today against Armenia’s national currency, the dram, after yesterday’s statement by Central Bank chairman Arthur Javadyan

    Dollar to go down regardless of panic at Armenia’s forex market -newspaper

    Thursday, December 18th, 2014

    Vardan Ayvazyan, head of the Armenian National Assembly’s economy commission, told a correspondent of 168 Zham newspaper that the dollar will go down regardless of panic at Armenia’s forex market

    Foreign debts of Armenia’s commercial banks and credit organizations total $1 157.6 million in late September

    Thursday, December 18th, 2014

    Foreign debts of Armenia’s commercial banks and credit organizations totaled $1 157.6 million in late September after growing 1.5% over the third quarter, the Central Bank of Armenia reports in the latest issue of its bulletin

    Doubtful credit investments of Armenian banks in nine months surge by 47.4% to 26.9 billion drams

    Thursday, December 18th, 2014

    Armenian commercial banks’ doubtful credit investments in the first nine months of the year amounted to 26.9 billion drams, an increase of 47.4 percent if compared with the beginning of the year

    Armenian regulator warns banks against misuse and currency speculations

    Thursday, December 18th, 2014

    The Central Bank of Armenia warned commercial banks against misuse and currency speculations in the forex market

    Currency rate fluctuations not a burden on budget – head of Armenian Central Bank

    Thursday, December 18th, 2014

    Currency rate fluctuations in the Armenian market will not put an additional burden on the country’s budget, head of the Central Bank of Armenia Artur Javadyan told reporters on Wednesday