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  • Archive for March, 2015

    Armenia and China make their first dram-yuan swap deal

    Wednesday, March 25th, 2015

    Armenia and China have made their first swap deal worth 77 billion drams and one billion yuans respectively, the press service of the Central Bank of Armenia said. It said an agreement to that end was signed on Wednesday

    VTB Bank (Armenia) retail businesses earn it over one billion drams in net profit in 2014

    Wednesday, March 25th, 2015

    VTB Bank (Armenia) earned over one billion drams in net profit last year from its retail businesses, the bank’s CEO Yuri Gusev, told a news conference today

    ADB expects Armenia’s current account deficit of balance of payments to grow to 9.2% of gdp in 2015

    Wednesday, March 25th, 2015

    Armenia’s current account deficit of the balance of payments will increase to 9.2% of GDP in 2015, and drop to 8.3% in 2016, according to the Asian Development Outlook 2015 report, released by the Asian Development Bank (ADB)

    Gusev: VTB Bank (Armenia) has invested more than $5 million over three years in improvement of its network of branches

    Wednesday, March 25th, 2015

    VTB Bank (Armenia) has invested more than $5 million over three years in improvement of its network of branches, Yuri Gusev, VTB Bank (Armenia) CEO and head of its directorial board, told journalists on Wednesday

    Armenia’s central bank lowers Lombard repo rate by 1.5 p.p. to 12%

    Wednesday, March 25th, 2015

    The council of the Central Bank of Armenia (CBA) lowered on Tuesday the Lombard repo rate by1.5 percentage point to 12%, CBA’s press office reported

    ADB expects inflation in Armenia to grow 4.6% in 2015

    Wednesday, March 25th, 2015

    The Asian Development Bank (ADB) expects inflation in Armenia to grow to 4.6% in 2015 and drop to 4.1% in 2016, says the Asian Development Outlook

    ACBA-CREDIT AGRICOLE BANK launches a new official website

    Tuesday, March 24th, 2015

    ACBA-CREDIT AGRICOLE BANK has launched its new official website using new approaches, the bank’s press office reported

    Refinancing rate left unchanged at 10.5% - Armenia's regulator

    Tuesday, March 24th, 2015

    The board of the Central Bank of Armenia decided today to leave the refinancing rate unchanged at 10.5%, the regulator’s press office reports

    Breaking news! refinancing rate left unchanged at 10.5% - Armenia's regulator

    Tuesday, March 24th, 2015

    The board of the Central Bank of Armenia decided today to leave the refinancing rate unchanged at 10.5%, the regulator’s press office reports

    Armenia’s Central Bank places short-term government bonds worth 500 mln drams

    Tuesday, March 24th, 2015

    The Central Bank of Armenia (CBA) has placed short-term government treasury bonds of AMGT13226152 series worth 500 million drams, the CBA press office reported