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  • Archive for January 22nd, 2015

    Consolidation of Armenian banks will strengthen banking industry, economist says

    Thursday, January 22nd, 2015

    Consolidation of Armenian banks, which will fail to meet a new minimum capital requirement, set by the regulator, will only strengthen the banking industry, according to economist Vilen Khachatryan

    Armenia’s regulator lowers Lombard repo rate to 17%

    Thursday, January 22nd, 2015

    The council of the Central Bank of Armenia (CBA) lowered the Lombard repo rate by 3 percentage points to 17% at its meeting on Wednesday, the regulator’s press office reported

    Central Bank raised refinancing rate to 9.5% in Armenia

    Thursday, January 22nd, 2015

    The council of the Central Bank of Armenia (CBA) increased the refinancing rate by one percentage point to 9.5% at its special meeting on Wednesday, the press office of the regulator reported

    Areximbank – Gazprombank Group increases authorized stock to 25.9bln drams

    Thursday, January 22nd, 2015

    Areximbank – Gazprombank Group has raised its authorized stock by 9.4 billion drams or $20 million to a total of 25.9 billion drams, the bank’s press office reported