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  • Archive for April 3rd, 2015

    Cost of Armenian banks’ short-term loans in dram has increased - central bank

    Friday, April 3rd, 2015

    The cost of short-term loans provided by Armenian banks in the national currency, the dram, has increased, according to data of the Central Bank of Armenia

    Kamurj universal credit organization signs AMD one billion agreement with Asian Development Bank

    Friday, April 3rd, 2015

    Kamurj universal credit organization said today it has signed a loan agreement with the Asian Development Bank worth about one billion drams, repayable in 5 years

    Armenian businesses need to do more to take advantage of export opportunities - HSBC Bank Armenia

    Friday, April 3rd, 2015

    YEREVAN, April 3, /ARKA/. Armenian companies are increasingly looking overseas to achieve their growth ambitions, but need to build their knowledge and create new international connections if they are to truly capitalize on trade opportunities. These were the themes discussed at HSBC Bank Armenia’s 14th Trade Academy Event, held on April 2 in partnership with […]

    EEU financial market issues discussed in Yerevan

    Friday, April 3rd, 2015

    The advisory committee on financial markets of the Eurasian Economic Commission Board started discussions on financial issue in Armenia

    Introduction of single currency in Eurasian Economic Union space not feasible now – Armenian Central bank

    Friday, April 3rd, 2015

    Armenak Darbinyan,a member of the board of the Central Bank of Armenia, thinks introduction of a single currency in the Eurasian Economic Union space is not feasible so far

    Ardshinbank signs $10mln loan agreement with OFID

    Friday, April 3rd, 2015

    Armenia’s Ardshinbank closed joint stock company has signed a loan agreement worth $10 million with the OPEC Fund for International Development (OFID) in Vienna on March 31, the bank’s press office reported

    Government declines Orinats Yerkir bill on conversion of individual loans in foreign currency to Armenian dram

    Friday, April 3rd, 2015

    The Armenian government on Thursday has declined a bill tabled by the Orinats Yerkir party suggesting that individual loans in foreign currency be converted to loans in the national currency, the dram

    Central bank chairman praises IFC for support to development projects in Armenia

    Friday, April 3rd, 2015

    Central Bank of Armenia chairman Artur Javadyan praised today the International Finance Corporation (IFC) for a 20 year-long effective activity in Armenia during a meeting with IFC director for Eastern Europe and Central Asia Tomasz Telma