Consolidation of Armenian commercial banks’ capital is within the frames of normal economic processes and contains no risk, Tatul Manaseryan, an economist and the head of Alternative Research Center, said at a news conference on Wednesday
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Archive for September, 2015
Consolidation of Armenian commercial banks' capital is adequate economic process – economist
Thursday, September 24th, 2015Dollar devaluation in Armenia triggered by outside developments - Economist
Thursday, September 24th, 2015The dollar went down last two week in Armenia because of outside developments, Vilen Khachatryan, an economist, told ARKA News Agency on Wednesday
VTB Bank (Armenia) and MasterCard announce Fly to Rio contest
Wednesday, September 23rd, 2015VTB Bank (Armenia) and MasterCard international payment system have announced today the launch of “Fly to Rio” contest, designed for customers who use very actively their banking cards. The contest features a televised drawing of prizes, VTB Bank (Armenia) said in a press release
Armenia may count on $1.5 billion of foreign investments, Tigran Jrbashyan
Wednesday, September 23rd, 2015Today Armenia can count on $1-$1.5 billion of foreign investments, Tigran Jrbashyan, marketing director of Ameria group of companies, told ARKA
Shifting to mutual settlements in rubles requires ruble market, Tigran Jrbashyan
Wednesday, September 23rd, 2015Prior to shifting to mutual settlements in Russian rubles in trading with Russia Armenia needs first of all to form a ruble market, Tigran Jrbashyan, marketing director for Ameria group of companies, told ARKA
Georgian national bank president expects no further devaluation of lari
Wednesday, September 23rd, 2015Georgia’s government and national bank will take measures to deter the lari from devaluation, if any, but no devaluation is expected now, the National Bank President Georgi Katagidze is quoted by RIA Novosti
Armenian currency continues gaining strength
Tuesday, September 22nd, 2015The average market exchange rate of US dollar was 477.59 drams today, 1.45 points down from September 18, the Central Bank of Armenia said
Armenian Central Bank keeps key rate unchanged
Tuesday, September 22nd, 2015Armenia’s Central Bank said on Tuesday that it had kept its key refinancing rate unchanged at 10.25 percent
Bank of Russia predicts 10% slowdown in consumer lending
Tuesday, September 22nd, 2015The Russian Central Bank predicts a 10% slowdown in consumer lending by the end of 2015, the Russian Central Bank Director of the Financial Stability Sergey Moiseev said Tuesday, Prime reported
Consumer prices in Armenia rose by 4.8% in eight months
Tuesday, September 22nd, 2015Consumer prices in Armenia in the first eight months of 2015 increased by 4.8% year-on-year, according to the latest data, released today by the National Statistical Service (NSS). It said also the 12-month inflation in August was 3.6%
