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  • Archive for June, 2015

    Armenia’s commercial banks purchase about $72.3 mln at intra-banking forex market last week

    Monday, June 15th, 2015

    Armenian commercial banks purchased about $72.3 mln at a weighted average rate of 475.9 drams per $1 in intra-banking foreign exchange market on June 8 to 12, the press service of the Central Bank reported

    Nearly $9.75 mln traded at NASDAQ OMX Armenia stock exchange last week

    Monday, June 15th, 2015

    The Central Bank of Armenia said nearly $9.75 mln was traded at NASDAQ OMX Armenia stock exchange from May 8 to 12, 2015

    Armenia’s gross international reserves in May rise to $1,598.7 million

    Monday, June 15th, 2015

    Armenia’s gross international reserves hiked by 6.9% to $1,598.7 million in May 2015, the Central Bank of Armenia said on the basis of the preliminary data

    Armenian finance ministry buys back one billion drams worth government bonds

    Friday, June 12th, 2015

    Armenia’s Central Bank said today that the Ministry of Finance has bought back one billion drams worth medium-term government coupon bonds of AMGN60294166 issue

    VTB Bank (Armenia) finalizes its free card-to-card remittances offer

    Friday, June 12th, 2015

    VTB Bank (Armenia) has finalized the results of its second promotional offer, made together with VISA company, granting customers an opportunity to make card-to-card free remittances, the bank’s press office reports

    Araratbank issues bonds worth $2 million

    Friday, June 12th, 2015

    Araratbank said Friday it has issued for the ninth time registered foreign currency non-documentary coupon bonds totaling $2 million

    Armenian government to make every effort to ensure growth in 2015 – minister

    Thursday, June 11th, 2015

    Armenia’s government will make every effort to minimize external risks and achieve economic growth in the country as of the end of 2015, Armenia’s minister of finance Gagik Khachatryan said in his interview to “Golos Armeniyi” newspaper

    Sergey Arakelyan appointed as new director of Idram

    Thursday, June 11th, 2015

    Sergey Arakelyan was appointed as new director of “IDRAM” LLC payment company based on a decision of the Central Bank of Armenia chairman of June 3, 2015

    Armenia one of the best regional performers in terms of tax-to-GDP ratio

    Thursday, June 11th, 2015

    In terms of tax -to – GDP ratio Armenia is one of the best performers across the former Soviet Union, Armenian finance minister Gagik Khachatryan said on Wednesday during a parliamentary discussion on 2014 budget performanc

    Ethnic Armenian elected Russian bank board chairman

    Thursday, June 11th, 2015

    The board of directors of a Russian Gazenergobank has decided to elect ethnic Armenian David Hambardzumyan as board chairman, Banki.ru said citing sources close to the bank