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  • Archive for February, 2015

    Ex-premier says the raising of capital requirement by Armenian Central Bank mockery - newspaper

    Wednesday, February 25th, 2015

    Ex-premier of Armenia Hrant Bagratyan criticized the central bank’s decision of the end of December to raise the capital requirement for banks from 5 to 30 billion drams, Haykakan Zhamanak (Armenian Time) newspaper says

    EDB plans to place hundreds of million worth bonds

    Tuesday, February 24th, 2015

    The Eurasian Development Bank (EDB) plans to issue securities worth several hundred million US dollars, EDB board chairman Dmitry Pankin told an online news conference today

    Eurasian Development Bank will revise its strategy after meeting with founding states

    Tuesday, February 24th, 2015

    The Eurasian Development Bank (EDB) will revise its strategy, EDB Board Chairman Dmitry Pankin said today during an online news conference

    ACBA-CREDIT AGRICOLE BANK opens 53rd branch office in Metsamor

    Tuesday, February 24th, 2015

    ACBA-CREDIT AGRICOLE BANK has opened today its 53rd branch office in the town of Metsamor, located in 1st Quarter 2b, 1-6. The bank said in a press release that the branch offers the full package of high-quality services designed for customers

    EDB’S anti-crisis fund pledges $40 million loan to Armenia

    Tuesday, February 24th, 2015

    The Anti-Crisis Fund of the Eurasian Development Bank (EDB) will provide the Armenian government with a $40 million loan to fund a project designed to modernize and develop the institutional capacity of the national irrigation systems

    Azerbaijan devalues its currency

    Tuesday, February 24th, 2015

    One more CIS country, Azerbaijan, has devalued its currency

    Genium INET platform to be introduced in the Armenian stock exchange in 2015

    Tuesday, February 24th, 2015

    Genium INET modern stock exchange platform, will be introduced in NASDAQ OMX Armenia this year, director of the stock exchange Konstantin Saroyan said

    Armenia’s commercial banks purchase about $68.8 mln at intra-banking forex market last week

    Tuesday, February 24th, 2015

    Armenian commercial banks purchased about $68.8 mln at a weighted average rate of 478.13 drams per $1 in intra-banking foreign exchange market on February 16 to 20, the press service of the Central Bank reported

    Nearly $4.6mln traded at NASDAQ OMX Armenia stock exchange last week

    Tuesday, February 24th, 2015

    The Central Bank of Armenia said nearly $4.65 mln was traded at NASDAQ OMX Armenia stock exchange from February 16 to 20, 2015

    Areximbank-Gazprombank Group offers new Classic Plus deposit service

    Tuesday, February 24th, 2015

    Areximbank-Gazprombank Group has offered a new fixed-period deposit for individuals, Classic Plus, with no extension required, but with an opportunity to increase the amount, the bank’s press office reported