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    March 2016
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  • Archive for March, 2016

    Armenia’s central bank announces third "My Money Month" program

    Thursday, March 31st, 2016

    Armenia’s Central Bank has announced today the launch of the third “My Money Month” program, designed to strengthen the trust of the Armenian population in local financial institutions

    Inecobank named ‘Best Trade Partner Bank 2015’ by International Finance Corporation

    Thursday, March 31st, 2016

    Inecobank CJSC was named “Best Trade Partner Bank” in 2015 at IFC’s 7th Global Trade Partners Meeting that took place in Milan

    Market cost of reserves in state depository of precious metals and precious stones estimated at $3 million

    Wednesday, March 30th, 2016

    The market cost of reserves in the Armenian State Depository of Precious Metals and Precious Stones of the Ministry of Finance on January 1, 2016

    Daily rebukes central bank for its reluctance to make a bigger cut of refinancing rate

    Wednesday, March 30th, 2016

    Armenian daily ‘Haykakan Zhamanak” (Armenian Time) has rebuked today the Central Bank for its reluctance to cut the benchmark refinancing rate by 4-5 percentage points

    Areximbank – Gazprombank Group employees come first and third in table tennis championship

    Wednesday, March 30th, 2016

    Two employees Areximbank – Gazprombank Group – Aram Azizyan and Armen Andrikyan – came first and third in the annual table tennis championship for financial organizations and banks, the press office of the bank reports

    Introduction of single currency in Eurasian economic union space not under discussion so far -Armenian vice-premier

    Wednesday, March 30th, 2016

    Introduction of a single currency in the Eurasian Economic Union space is not being discussed so far, Vache Gabrielyan, vice-premier and international economic integration minister, told journalists on Tuesday

    Armenia’s central bank cuts refinancing rate by 0.25 percentage points, setting it at 8.25%

    Wednesday, March 30th, 2016

    Armenia’s Central Bank Board at a meeting on Tuesday decided to cut the refinancing rate by 0.25 percentage points, setting it at 8.25%

    $58 million bought by Armenian banks in one week

    Tuesday, March 29th, 2016

    Armenia-based commercial banks bought about $57.93 million from the local foreign exchange intra-market from March 21 to 25

    Two employees of Areximbank-Gazprombank group among winners of Rosgosstrakh competition

    Friday, March 25th, 2016

    Two employees of Areximbank-Gazprombank Group – Diana Adamyan from the head office and Nelly Javakhyan

    ArmSwissbank intends to build up its normative capital to AMD 34-35 billion in 2016

    Friday, March 25th, 2016

    ArmSwissbank intends to build up its total normative capital to AMD 34-35 billion this year also by replenishing its authorized capital, the press office of the bank reported on Thursday