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  • Archive for January, 2016

    U.S. dollar rises by 0.27 points over Armenian dram

    Friday, January 29th, 2016

    The average market value of US dollar has grown today by 0.27 percentage points over the Armenian national currency from January 26 to 488.75 drams, the Central Bank said

    Ararat Bank named by Global Finance as the best trade-financing bank of Armenia

    Friday, January 29th, 2016

    Global Finance Magazine has singled out Araratbank as the best trade-financing bank of Armenia, the press office of the bank reported on Thursday

    Armenia-based insurance companies among largest 1000 corporate taxpayers in 2015

    Friday, January 29th, 2016

    All six Armenia-based insurance companies were among the largest 1000 corporate taxpayers in 2015 having paid a total of 1.77 billion drams in various taxes, down from 1.97 billion drams they had paid in 2014

    Armenia’s gross external reserves in December 2015 rose by 14.3% to $1.771.2 billion

    Friday, January 29th, 2016

    Armenia’s gross external reserves in December 2015 amounted to $1.771.2 billion, a 14.3% rise from the previous month, the Central Bank said today

    ACBA-CREDIT AGRICOLE BANK and Oxford Microfinance Initiative begin joint project

    Friday, January 29th, 2016

    The Armenia-based ACBA-CREDIT AGRICOLE BANK said today it has initiated a joint agricultural project together with the Oxford Microfinance Initiative (OMI)

    U.S. dollar rises by 0.25 points over Armenian dram

    Wednesday, January 27th, 2016

    The average market value of US dollar has grown today by 0.25 percentage points over the Armenian national currency from January 26 to 488.48 drams, the Central Bank said

    NASDAQ OMX Armenia announces listing of first securitized bonds

    Wednesday, January 27th, 2016

    During an official ceremony on January 27, NASDAQ OMX Armenia marked the successful launch of the first securitized bond issuance in Armenia and announced the listing of these bonds at the stock exchange for the secondary market trade

    Armenian banks’ transfers to government budget increased 10% to AMD 41.2 billion in 2015

    Wednesday, January 27th, 2016

    Armenia’s all 21 banks were among the country’s 1000 biggest taxpayers in 2015, the Armenian tax agency reports on its website

    Armenian central bank issues new commemorative coins

    Tuesday, January 26th, 2016

    Armenia’s Central Bank said it has issued four gold and silver commemorative coins. The gold coins are Vardan Mamikonyan-1625, Arshak Fetvachyan-150, Alexander Melikyan Bazhbeuk-125 and silver coins are Twenty-Five Years of the Republic (1991-2016)

    For the first time over 13 years Armenian banks did not report double-digit growth of their assets

    Tuesday, January 26th, 2016

    For the first time over the last 13 years Armenian commercial banks did not report double-digit growth of their assets in 2015