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  • Archive for April, 2015

    First and second issues of foreign currency denominated bonds by ArmSwissbank placed at Nasdaq OMX Armenia

    Thursday, April 16th, 2015

    On April 16, 2015 placement of the first and the second issues of foreign currency denominated bonds by “ARMSWISSBANK” CJSC took place at NASDAQ OMX Armenia

    Non-performing and written-off assets of Armenian banks stood at 7.94% in late February

    Thursday, April 16th, 2015

    Non-performing and written-off assets of Armenian banks stood at 7.94% at the end of February 2015, up 0.52 percentage points from the late January 2015, the Central Bank of Armenia said. It said non-performing assets of residents and their written-off assets stood at 7.70%

    Six ethnic Armenians are among 200 richest Russian citizens

    Thursday, April 16th, 2015

    Six Russian businessmen of Armenian origin are in the latest Forbes’ list of the 2000 richest Russian citizens

    Rosgosstrakh Armenia warns against invalid car insurance

    Thursday, April 16th, 2015

    Rosgosstrakh Armenia made a statement warning drivers against invalid car insurance policies

    ARKA Agency releases fresh issue of its ‘Banks of Armenia’, Q1 2015

    Thursday, April 16th, 2015

    ARKA News Agency has released the press rating of Armenian banks for the first quarter of 2015, topped by the following banks: 1. VTB Bank (Armenia), 2. Conversebank, 3. Anelik Bank, 4. Ameriabank and 5. Armeconombank

    Chshmarityan: Armenia's government has no intention to revise current budget

    Thursday, April 16th, 2015

    Armenia’s government has no intention to reconsider the current budget, since economic indicators are expected to improve significantly late this year, Armenian Economy Minister Karen Chshmarityan said in an interview with Golos Armenii newspaper

    EDB willing to consider local currency projects – Pankin

    Wednesday, April 15th, 2015

    The Eurasian Development Bank (EDB) is ready to consider projects in other national currencies as well, provided there is access to the liability side, head of the EDB board Dmitry Pankin said in his exclusive interview to ARKA

    VTB bank (Armenia) and MasterCard announce winners of driving with VTB campaign

    Tuesday, April 14th, 2015

    VTB Bank (Armenia) and MasterCard international payment system have announced the winners of a special joint campaign called “Driving with VTB” designed for holders of Cirrus/Metro and MasterCard Standard cards, as well as Gold MasterCard cards, issued by the bank

    Eurasian Development Bank approves $150 million loan for Armenia to build North-South transport corridor

    Tuesday, April 14th, 2015

    EurAsEC’s Anti-Crisis Fund, managed by the Eurasian Development Bank (EDB), will provide Armenia with a $150 million to build a 20.5 km section of the North-South transport corridor from the town of Agarak to Kajaran in the southern Armenian province of Syunik, EDB board chairman Dmitry Pankin said in an exclusive interview with ARKA news agency

    Gold price rises by 2 percent in Armenia to 16,972 drams per gram

    Tuesday, April 14th, 2015

    The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, has set new prices buy and sell precious stones and metals which are effective for this week