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  • Archive for June, 2015

    Insurance companies paid 3.4 billion drams in 16,423 car insurance compensation claims in five months

    Thursday, June 18th, 2015

    ix Armenia-based insurance companies paid a total of 3.4 billion drams in 16,423 car insurance compensation claims in the first five months of this year

    Fitch publishes Armenian Ardshinbank’s IDR at “B+”, outlook negative

    Thursday, June 18th, 2015

    International Fitch Ratings agency has published Armenian Ardshinbank’s Long-term Issuer Default Rating (IDR) at “B+”, outlook negative, the bank’s press office reports

    BRICS central banks interested in Greece’s participation in projects with new bank of development

    Wednesday, June 17th, 2015

    BRICS countries have begun consultations on creating a multi-lateral payment system similar to SWIFT, Russian Deputy Foreign Minister Sergey Ryabkov told RIA Novosti in an interview

    KFW to lend 205 mln euros and to grant 4.8 mln euros to Armenia for a number of programs

    Wednesday, June 17th, 2015

    German KfW will provide a 205 million euros soft loan and a grant worth about 4.8 million euros to Armenia for a number of programs

    Gold buying price drops by 0.4% to 16,636 drams

    Tuesday, June 16th, 2015

    The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, has set new prices for government agencies to buy and sell precious stones and metals which are effective for this week. The new prices are for one gram of chemically pure metals

    Central Bank of Armenia auctions 3 billion drams worth government bonds

    Tuesday, June 16th, 2015

    Armenia‘s Central Bank said it has auctioned today three billion drams worth mid-term government bonds of AMGN60294208 issue maturing prior to April 29, 2020

    Armenian finance ministry buys back one billion drams worth bonds

    Tuesday, June 16th, 2015

    YEREVAN, June 16. /ARKA/. Armenia’s Central Bank said today the Ministry of Finance has bought back one billion drams worth medium-term government coupon bonds of AMGN36294167 issue. It said the auction was attended by 4 dealers. According to a Central Bank press release, a total of 2.7 billion drams worth bids had been submitted , […]

    ACBA-CREDIT AGRICOLE BANK and VISA announce launch of VISA payWave issuance and acquiring program in Armenia

    Monday, June 15th, 2015

    ACBA-CREDIT AGRICOLE Bank and Visa have announced the launch of Visa payWave issuance and acquiring program in Armenia

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

    Monday, June 15th, 2015

    The Central Bank of Armenia (CBA) placed today short-term government treasury bonds of AMGT2614C154 issue worth 500 million drams, the CBA press office reported

    Saudi Arabia opens its stock market to foreigners

    Monday, June 15th, 2015

    Saudi Arabia is opening one of the world’s most-restricted stock markets to foreigners for the first time on Monday, Bloomberg reports