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  • Archive for December, 2015

    China is one of Armenia’s most important investment partners, says Thies Clemenz, chief executive officer, HSBC Bank Armenia

    Monday, December 21st, 2015

    China is one of Armenia’s most important investment partners, Thies Clemenz, Chief Executive Officer, HSBC Armenia, says in a study entitled ‘ Business Opportunities with “New Normal” China: Prospects for Armenia

    Armenian banks bought some $110.8 million at local forex market from 14th to 18th of December

    Monday, December 21st, 2015

    Armenian commercial banks bought some $110.8 million at the local forex market from 14th to 18th of December at the weighted average exchange rate of 482.39 drams per $1, the Central Bank said

    Anelik Bank raises its authorized capital stock l by 1.88 billion drams

    Monday, December 21st, 2015

    The Yerevan-based Anelik Bank said last Friday it had increased its authorized capital stock by 1.88 billion drams

    USD denominated bonds by Araratbank listed on NASDAQ OMX Armenia

    Monday, December 21st, 2015

    Starting from December 18, 2015, nominal coupon bonds issued by “ARARTBANK” OJSC will be listed and included in Bbond list of NASDAQ OMX Armenia

    Parliament ratifies two loan agreements

    Friday, December 18th, 2015

    At an extraordinary meeting on Friday the parliament ratified a $300 million loan agreement Armenia signed with the Eurasian Fund for Stabilization and Development of the Eurasian Development Bank on November 4, 2015

    Unibank carries out first IPO at NASDAQ OMX Armenia stock exchange

    Friday, December 18th, 2015

    Unibank said today it began the placement of ordinary nominal shares through IPO at NASDAQ OMX Armenia stock exchange

    Federal Reserve’s decision to raise interest rates will not affect Armenian currency, economist says

    Friday, December 18th, 2015

    The decision of the US Federal Reserve System to raise interest rate by 0.25% for the first time since 2006 will not affect the Armenian dram, economist Artak Manukyan told ARKA

    U.S. dollar drops by 0.81 points over Armenian dram

    Thursday, December 17th, 2015

    The average market value of US dollar has dropped today by 0.81 points over the Armenian national currency from December 16 to 482.85 drams, the Central Bank said

    Armenia’s government approves signing of €75-million loan agreement with French Development Agency

    Thursday, December 17th, 2015

    On Thursday, Armenia’s government gave its approval to signing of a €75-million loan agreement with the French Development Agency

    Fitch negative outlook for Armenian banks reflects general things in country’s economy

    Thursday, December 17th, 2015

    Fitch Ratings’ negative outlook for Armenian banks reflects general things in the country’s economy, Samvel Chzmachyan, the chairman of the Union of Banks of Armenia, told ARKA News Agency