Interest rates on bank deposits in Armenia’s national currency, the dram, decreased in 2016 January when compared to the previous month, while interest rates on deposits in USD grew, according to the Central Bank of Armenia data
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Archive for February, 2016
Interest rates on bank deposits in drams decreased in 2016 January
Wednesday, February 24th, 2016Parties to road accidents allowed to themselves fill in property damage claim declaration
Wednesday, February 24th, 2016The Car Insurers Bureau of Armenia said beginning from March 4, motorists who get into road accidents will be allowed to themselves fill in all the papers necessary for filing damage claims worth up to 50,000 drams
World Bank to provide Armenia with $55 million loan for infrastructure development
Tuesday, February 23rd, 2016The World Bank will provide Armenia with a $55 million loan for infrastructure development, the Armenian Ministry of Finance said today
U.S. dollar drops by 1.36 percentage point over Armenian dram
Tuesday, February 23rd, 2016The average market value of US dollar has dropped today by 1.36 percentage points over the Armenian national currency from February 22 to 493.38 drams, the Central Bank said
TelCell allowed by Armenian regulator to issue electronic money
Tuesday, February 23rd, 2016The Central Bank of Armenia said today it has given TelCell company a permission to issue electronic money
No dollar sale/purchase transactions at NASDAQ OMX Armenia last week
Tuesday, February 23rd, 2016No dollar sale/purchase transactions have been effected at NASDAQ OMX Armenia over a period between February 15 and 19, the press office of the Central Bank of Armenia reports
$85.7 million bought by Armenian banks in one week
Tuesday, February 23rd, 2016Armenia-based commercial banks bought a total of $44.2 million from the local foreign exchange intra-market from February 15 to 19 at the weighted average exchange rate of 494.98 drams per $1, the press service of the Central Bank of Armenia said
Armenian banking sector’s loan portfolio reduces for first time in 15 years
Friday, February 19th, 2016Armenian commercial banks’ aggregate loan portfolio amounted to AMD 2 119.5 billion in late December 2015 showing a 3.1% year-on-year decline, the Central Bank of Armenia reports on its official website
Armenian central bank auctions short-term government bonds worth AMD 1 billion
Friday, February 19th, 2016The Central Bank of Armenia auctioned Thursday 52-week AMGT52162177 government bonds worth AMD 1 billion, the press office of the regulator reported on Friday
Armenian banks’ capital adequacy ratio grew last year to 16.2%
Thursday, February 18th, 2016Armenian banks’ capital adequacy ratio (the ratio of a bank’s capital and assets to its risks) in December 2015 increased to 16.2% due to active increase in their capital, as is evidenced by the data of the Central Bank
