Armenia’s accumulated foreign direct investments (FDI) were estimated at $106 million at the end of 2014, according to the findings of the report called ‘Eurasian Economic Union (EEU) and Eurasia
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Archive for December, 2015
Armenia’s accumulated foreign direct investment abroad were estimated at $106 million in late 2014
Wednesday, December 16th, 2015U.S. dollar drops by 0.24 points over Armenian dram
Tuesday, December 15th, 2015The average market value of US dollar has dropped today by 0.24 points over the Armenian national currency from December 14 to 483.98 drams, the Central Bank said
Unibank is creating modern data processing center
Tuesday, December 15th, 2015Unibank ojsc said today it has completed the first stage of creating a modern data processing center (DPC), based on integrated solution from Huawei, one of the largest telecommunications companies
EEU FDI stock in countries of Eurasia outside CIS grew by 116% over six years and accounted for $71 billion
Tuesday, December 15th, 2015The amount of outgoing direct investments by companies from the Eurasian Economic Union (EEU) countries grew progressively until 2013 inclusively, but now it is in stagnation
VTB Bank (Armenia) offers secured loans at zero interest rate
Tuesday, December 15th, 2015VTB Bank (Armenia) offers secured loans at zero interest rate, the press office of the bank reported on Tuesday
Some $1.1 million traded at NASDAQ OMX Armenia stock exchange last week
Monday, December 14th, 2015A total of $1.1 million was traded at NASDAQ OMX Armenia stock exchange from December 7 to 11, the press service of the Central Bank of Armenia told ARKA
$96.2 million bought by Armenian banks in one week
Monday, December 14th, 2015Twenty-one Armenia-based commercial banks bought a total of $96.2 million from the local foreign exchange intra-market from December 7 to 11 at the weighted average exchange rate of 483.73 drams per $1, the press service of the Central Bank of Armenia said
Procredit bank’s team to work for Inecobank
Monday, December 14th, 2015Taron Ganjalyan, executive director of Inecobank, which bought 100% of ProCredit Bank’s shares on Thursday, told journalists that the ProCredit Bank’s team will continue working
Annual illicit financial flows from Armenia amount to $983 million
Friday, December 11th, 2015Armenia is 70th among 149 countries in Global Financial Integrity Organization’s ‘Illicit Financial Flows from Developing Countries: 2004-2013’ reports
Fitch: negative outlook for Armenian banks in 2016
Friday, December 11th, 2015Fitch Ratings downgraded its outlook for Armenian banks in 2016 to negative
