If members of the Russia-led Eurasian Economic Union shift to mutual settlements in their national currencies that would significantly reduce Armenian banks’ transaction costs, economist Artak Manukyan said to ARKA
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Archive for February, 2016
Economist says russia will never agree to payments for its gas in national currencies
Monday, February 15th, 2016NASDAQ OMX Armenia Announced Best Member Awards 2015 Results
Monday, February 15th, 2016On February 12, 2016, during a special ceremony held at NASDAQ OMX Armenia winners of NASDAQ OMX Armenia Best Member Awards 2015 were announced
VTB Bank (Armenia) declared winner in two categories of NASDAQ OMX Armenia ‘Best Member Awards 2015’
Monday, February 15th, 2016VTB Bank (Armenia) was declared the winner in two categories of NASDAQ OMX Armenia Best Member Awards 2015- “Best Exchange Member in Credit Resources Market
No dollar sale/purchase transactions at NASDAQ OMX Armenia last week
Monday, February 15th, 2016No dollar sale/purchase transactions have been effected at NASDAQ OMX Armenia over a period between February 8 and 12
$44.2 million bought by Armenian banks in one week
Monday, February 15th, 2016Armenia-based commercial banks bought a total of $44.2 million from the local foreign exchange intra-market from February 8 to 12 at the weighted average exchange rate of 493.8 drams per $1
ACBA-CREDIT AGRICOLE BANK to conduct next business trainings for representatives of SMEs in late February
Friday, February 12th, 2016ACBA-CREDIT AGRICOLE BANK said today it will conduct the next business trainings for representatives of SMEs on February 23-26
Armenia simplifies procedures for paying compensations for deposits frozen in Soviet Union’s bank
Friday, February 12th, 2016The Armenian government decided Thursday to simplify the procedures necessary for receiving compensations for deposits frozen in the Soviet-era Savings Bank
NSS: overdue loans of Armenian banks increased by 8.7% in 2015 December to 37.8 billion drams
Friday, February 12th, 2016The overdue loans of Armenian commercial banks increased by 8.7% in 2015 December when compared to the previous month to 37.8 billion drams, according to data, released today by the National Statistical Service (NSS)
Armenian central bank head to attend a gathering in Amsterdam
Thursday, February 11th, 2016Armenia’s Central Bank chairman Arthur Javadyan and his deputy Vakhtang Abrahamyan have left for Amsterdam, the Netherlands, to attend a meeting of heads of central banks and supervisory management
Armenia’s central bank again steps in to inject $15 million in currency market to shore up national currency
Wednesday, February 10th, 2016On Tuesday Armenia’s Central Bank again stepped in to inject $15 million in the local currency market in an apparent effort to shore up the national currency, the dram, a local daily ‘Haykakan Zhamanak’ (Armenian Time) says in a story in its today’s issue
