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  • Archive for December, 2014

    Armenia’s Central Bank sells $2 million to commercial banks at 460.97 drams per one US dollar

    Tuesday, December 23rd, 2014

    Armenia’s Central Bank has sold today $2 million to commercial banks at the average weighted exchange rate of 460.97 drams per one US Dollar. Yesterday it also sold $2 million but at 451.89 drams per one US Dollar

    Gold buying price in Armenia down 0.7 percent to 16,514 drams per one gram

    Tuesday, December 23rd, 2014

    The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, has set new prices for government agencies to buy and sell precious stones and metals which are effective for this week

    Dram owes its stabilization to Russian ruble- economist says

    Tuesday, December 23rd, 2014

    An economist Ashot Tavadyan attributed today the strengthening of Armenia’s national currency, the dram, to the stabilization of the Russian national currency, the ruble

    Armenian insurance companies paid 8.9 billion drams in car insurance compensation claims in eleven months

    Tuesday, December 23rd, 2014

    All seven Armenia-based insurance companies paid a total of 8.9 billion drams in 45,827 car insurance compensation claims in the first eleven months of this year, a decrease of 6.1% compared to January-November 2013

    Armenia's insurance sector accounts for 59% loss rate in late November

    Tuesday, December 23rd, 2014

    Armenia’s insurance sector accounted for a 59% loss rate in November 2014 against 60% in October 2014 and 76% in November 2013, the Bureau of Car Insurers reports at its website

    Inflation in Armenia may go out of projected frames in 2015 - Eurasian Development Bank

    Tuesday, December 23rd, 2014

    Inflation in Armenia in 2015 may go out of the projected frames of 4% (±1.5%), analysis division of the Eurasian Development Bank says in a fresh issue of its CIS Macromonitor

    Armenian currency’s behaviour depends on several factors- EDB study says

    Monday, December 22nd, 2014

    According to the December issue of “CIS Macro-monitor” of the Research Department of the Eurasian Development Bank (EDB)

    Armenian banks’ performance indicators worsen in third quarter- Eurasian development bank study says

    Monday, December 22nd, 2014

    Armenian banking sector’s performance indicators worsened in the third quarter of 2014, according to December issue of “CIS Macro-monitor,” released by the Research Department of the Eurasian Development Bank

    Central Bank cells 42 million to banks at 451.89 drams per one USD

    Monday, December 22nd, 2014

    Armenia’s Central Bank has sold today $2 million to commercial banks at the average weighted exchange rate of 451.89 drams per one US Dollar

    Armenian citizens must feel the benefits of cashless transactions

    Monday, December 22nd, 2014

    ARKA – Mr. Khachatryan, a unique project was launched in February 2014 in a Yerevan supermarket when a Visa card was used to make the first contactless payment in Armenia. Today Areximbank-Gazprombank Group is the only bank in the country issuing and servicing contactless Visa payWave cards. Why these cards are described as unique and […]