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  • Archive for April, 2015

    Russia increases foreign reserves in gold to 1,238 metric tons

    Tuesday, April 21st, 2015

    The Russian Federation has increased foreign reserves of bullion to 39.8 million ounces, or about 1,238 metric tons, as of April 1, compared with 38.8 million ounces a month earlier, the central bank said on its website Monday

    ArmSwissbank announces third issue of foreign currency denominated bonds

    Tuesday, April 21st, 2015

    ArmSwissbank has announced today the third issue of foreign currency denominated bonds worth $5 million to be placed on the 27th of April at NASDAQ OMX Armenia stock exchange

    Russia’s annual inflation rate may slow to below 11% by the end of 2015- deputy finance minister says

    Monday, April 20th, 2015

    Russia’s economy may grow by up to 2.5% next year, deputy finance minister said Monday, Russian news agencies reported. Speaking to reporters on a visit to Washington DC, Maxim Oreshkin said Russia’s gross domestic product may grow by 1.5%-2.5% in 2016

    Armenian banks’ total net profit slashes by 75 percent in first quarter

    Monday, April 20th, 2015

    Armenian banks’ combined net profit in the first quarter of 2015 has slashed by 75% to about 2.5 billion drams from over 9 billions in the first quarter of 2014, according to ARKA news agency’s first quarter Financial and Economic Bulletin (performance of Armenian banks)

    Average yield on Armenian Eurobonds in February 2015 rose to 6.63% from 6.33% in January

    Saturday, April 18th, 2015

    The average yield on Armenian Eurobonds in February 2015 rose to 6.63% from 6.33% in January, according to the monthly bulletin of the Central Bank of Armenia for February. The yield in February 2014 was 5.76%, it said

    Private money transfers to Armenia in two months drop by 40.4 percent

    Saturday, April 18th, 2015

    About $122.3 million were remitted to Armenian as private money transfers through the banks in the first two months of 2015, by 40.4% less from the first two months of 2014, the Central Bank said in its bulletin for February

    Armeconombank replenishes its capital by 3.6 billion drams

    Friday, April 17th, 2015

    Armenian Armeconombank said today its major shareholders, brothers Khachatur and Saribek Sukiasians, have replenished its capital by 3.6 billion drams

    Aggregate investments in government bonds in Armenia grow 1.2% in February 2015 to AMD 288.8 billion

    Friday, April 17th, 2015

    Investments in government bonds in Armenia grew 1.2% in February 2015, compared with the previous month, to AMD 288.8 billion, according to the latest issue of the central bank’s monthly bulletin

    Transactions made outside of Armenia by using armenian banks' plastic cards total AMD 4.4 billion in February 2015

    Friday, April 17th, 2015

    The transactions made outside of Armenia by using Armenian commercial banks’ plastic cards totaled AMD 4.4 billion in February 2015 showing a 44.28% month-on-month decline, according to the latest issue of the central bank’s monthly bulletin

    IMF refuses to grant Greece delay in Debt Payment

    Friday, April 17th, 2015

    International Monetary Fund (IMF) is refusing to grant Greece a delay in payment of its debt in May, IMF head Christine Lagarde said