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    February 2015
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  • Archive for February, 2015

    EBRD AMD-denominated bonds listed at NASDAQ OMX Armenia

    Thursday, February 19th, 2015

    On February 19, 2015 the third issue of AMD denominated coupon bonds by European Bank for Reconstruction and Development (EBRD) were listed at NASDAQ Armenia on the main Abond list

    Anelik Bank awards winners of money transfer competition

    Thursday, February 19th, 2015

    Armenia-based Anelik Bank held a special ceremony today to award winners of a completion it had announced earlier for customers using money transfer systems

    Areximbank-Gazprombank Group makes donations to multi-child families

    Thursday, February 19th, 2015

    The staff of Areximbank-Gazprombank Group has collected donations for multiple-kid families, the bank’s press office reported

    Armenian insurance companies pay 504.4 million drams in 2,537 car insurance compensation in January

    Wednesday, February 18th, 2015

    All six Armenia-based insurance companies paid 504.4 million drams in 2,537 car insurance compensation claims in the first month of 2015, a drop of 19.5% compared to the first month of 2014

    Arka Agency releases fresh issue of its ‘Banks of Armenia’, Q4 2014

    Wednesday, February 18th, 2015

    ARKA News Agency released the Q4 2014 issue of its quarterly bulletin “Banks of Armenia”

    Some 10-12 banks sufficient for Armenian economy - opinion

    Wednesday, February 18th, 2015

    Optimal number of banks serving the Armenian economy should not exceed 10-12, chairman of board and general director of Ameriabank Artak Anesyan said

    Armenia’s business environment index down to 51.8 in Q 4

    Wednesday, February 18th, 2015

    Armenia’s business environment index for the fourth quarter of 2014 fell by 0.8 percentage points to 51.8 compared to Q3, the press office of the Central Bank of Armenia reports

    Ameriabank CEO predicts slight rise in interest rates on foreign currency loans

    Tuesday, February 17th, 2015

    Ameriabank CEO Artak Hanesyan said today interest rates on loans in foreign currency are likely to rise slightly soon

    Armenian banks may face difficulties in attracting additional capital, Ameriabank development director says

    Tuesday, February 17th, 2015

    Armenian banks may face difficulties in attracting additional capital, Ameriabank Development Director Tigran Jrbashyan said today

    Aggregate retail portfolio of Russia’s banks may shrink 15% in 2015

    Tuesday, February 17th, 2015

    The aggregate retail portfolio of Russia’s banks is believed to shrink by 15% this year, Dmitry Olyunin, head of Rosbank, was quoted by Banki.ru as saying on Tuesday at his meeting with journalists