VTB Bank (Armenia) said today all those Armenian citizens who have their summer vacations outside the country or are having protracted business trips can use its safe deposit boxes for safekeeping their cash, jewelry, valuable papers and documents
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Archive for July, 2015
VTB Bank (Armenia) offers safe deposit boxes for holidaymakers and business travellers
Friday, July 17th, 2015Artyom Avetisyan buys 80% of Uniastrum bank
Friday, July 17th, 2015The Bank of Cyprus (BoC) said on Friday it had agreed to sell 80% stake in its Russia’s subsidiary Uniastrum Bank to Artyom Avetisyan, the majority shareholder in Russian Regional Credit Bank. Artyom Avetisyan will also buy 80% in Uniastrum Leasing, Banki.ru reported citing the Bank of Cyprus
Economist: Armenian Central Bank's auditors should be chosen by Government or National Assembly
Friday, July 17th, 2015The audit at the Central Bank of Armenia should be conducted by an organization chosen by the government or the parliament, Ashot Tavadyan, a professor at the Armenian State University of Economics, said on Friday
ECB keeps benchmark rate unchanged
Thursday, July 16th, 2015The European Central Bank (ECB) governing board voted today to keep the benchmark refinancing rate at its current all-time low of 0.05%, Finmarket.ru reported
US dollar rises by 0.84 p.p. against Armenian dram
Thursday, July 16th, 2015The US Dollar has grown today by 0.84 percentage point over Armenia’s national currency from July 15 to 479.25 drams, the Central Bank said
Expert says Armenia’s public debt is out of debt danger zone
Thursday, July 16th, 2015An Armenian economist has brushed away today allegations that Armenia lies in a debt danger zone, where an economic downturn or a sudden jump in interest rates on world debt markets could lead to disaster
US dollar rises by 0.57 p.p. against Armenian dram
Wednesday, July 15th, 2015The US Dollar has grown today by 0.57 percentage point over Armenia’s national currency from July 14 to 478.41 drams, the Central Bank said. It said also the value of Euro has grown from 477.84 drams to 479.41 drams, while the value of Russian ruble has grown from 8.39 to 8.45 drams
Russia’s recession and the decline in global oil prices will affect Armenian banks- Moody’s
Wednesday, July 15th, 2015Russia’s recession and the decline in global oil prices will affect banks across six CIS countries in 2015-16, says Moody’s Investors Service in a report, entitled “Banks in CIS feel pinch from Russia downturn and low oil prices,” published July 14
Kazakhstan sells $4 billion worth Eurobonds
Wednesday, July 15th, 2015Kazakhstan sold a record $4 billion of bonds on Tuesday to finance deficit budget, finance minister Bakhyt Sultanov said, vestifinance.ru reported
