The OPEC Fund for International Development (OFID) has signed a $20m loan agreement with Ameriabank of Armenia. The transaction represents OFID’s largest loan to a local commercial bank in the country
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Archive for June 9th, 2015
OFID provides $20 million loan to Armenian Ameriabank
Tuesday, June 9th, 2015Inflation in Armenia to gradually stabilize around target band
Tuesday, June 9th, 2015The ongoing inflationary trends in Armenia show that the inflation is within the target band projected by the Central Bank, and it will continue to remain at the upper limit of the permissible fluctuation this year and then it will gradually stabilize around the target band, the Central Bank said in a commentary on inflation trends in May 2015
HSBC to cut 25,000 jobs and sell operations in Turkey and Brazil
Tuesday, June 9th, 2015HSBC Holdings, Europe’s largest bank by market value, said it will lay off up to 25,000 jobs around the world to reduce costs and shift its center of gravity back toward the fast-growing Asian economies where it started operations 150 years ago
Gold buying price drops by 0.7 percent in Armenia
Tuesday, June 9th, 2015The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, has set new prices for buying and selling precious stones and metals which are effective for this week
Central bank auctions 0.5 billion drams worth short-term government bonds
Tuesday, June 9th, 2015Central Bank of Armenia said it has auctioned today 500 million drams worth short-term government bonds of AMGT39073166 issue maturing in 39 weeks
