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  • Archive for December 20th, 2014

    Central Bank auctions 41.7 million today

    Saturday, December 20th, 2014

    The Central Bank of Armenia auctioned today $1.7 million to local commercial banks at the average weighted exchange rate of 447.5 drams per one USD

    Inecobank receives $10 million loan from EBRD for financing energy saving projects

    Saturday, December 20th, 2014

    Armenian Inecobank has signed a $10 million loan agreement with the European Bank for Reconstruction and Development (EBRD) as part of a new lending program designed for energy-efficient SMEs

    Armenian drams’ exchange rate to stabilize within 440-450 drams per one dollar - Expert

    Saturday, December 20th, 2014

    Economist Vilen Khachatryan thinks the Armenian drams’ exchange rate will stabilize within 440-450 drams per one dollar

    Strengthening of armenian dram prompted by regulator’s decision to increase reserve requirement for foreign currency

    Saturday, December 20th, 2014

    The strengthening of Armenian currency, the dram, over the last two days against US Dollar and euro should be reviewed in the context of measures taken by the Central Bank to stabilize the tension in the financial market that saw a dramatic increase of the US Dollar and euro against dram

    Vigen Barseghyan actting as Areximbank – Gazprombank Group CEO

    Saturday, December 20th, 2014

    Areximbank –Gazprombank Group CJSC CEO Advisor Yelena Markova confirmed today the word of CEO Armen Khandkaryan’s resignation

    Armenian Central Bank issues commemorative silver coin, “The Right Hand of Saint Gregory the Illuminator”

    Saturday, December 20th, 2014

    The Central Bank of Armenia (CBA) has issued a new silver coin, “The Right Hand of Saint Gregory the Illuminator” to commemorate the reliquary kept in Holy Echmiadzin, the center of the Armenian Church, the CBA press office reported