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  • Archive for November 2nd, 2015

    Armenia’s central bank prepared to face new crises, chairman says

    Monday, November 2nd, 2015

    Armenia’s Central Bank is prepared to confront possible global crises, resulting from different geopolitical processes, Central Bank chairman Arthur Javadyan said on Monday during a discussion of the draft state budget for 2016 by National Assembly’s standing committees

    Armenian banks bought $82.1 million in one week

    Monday, November 2nd, 2015

    Twenty-one Armenia-based commercial banks bought a total of $82.1 million from the local foreign exchange intra-market from October 26 to October 30 at the weighted average exchange rate of 471.06 drams per $1

    Some $5.55 million traded at NASDAQ OMX Armenia stock exchange last week

    Monday, November 2nd, 2015

    A total of $5.55 million was traded at NASDAQ OMX Armenia stock exchange from October 26 to 30, against $3.87 million, traded from October 19 to 23, the press service of the Central Bank of Armenia told ARKA

    Private deposits in Armenian banks increased tenfold in one decade

    Monday, November 2nd, 2015

    Private deposits in Armenian banks have increased tenfold over the last ten years to more than AMD 1 086 billion, and the number of depositors has grown six times to more than 1.7 million

    No sharp changes in deposit interests expected, union of banks of Armenia

    Monday, November 2nd, 2015

    The vice-president of the Union of Banks of Armenia Seyran Sargsyan ruled out today sharp changes in interest rates on deposits in Armenian dram