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  • Archive for March 21st, 2016

    Armenian banks bought about $54 million last week at local Forex market

    Monday, March 21st, 2016

    From March 14 to March 18 all Armenia-based banks bought about $53.89 million at the local forex market at the average weighted exchange rate of 486.17 drams per $1, the Central Bank said

    Moody’s downgrades Armenia’s government bond rating to B1, but upgrades outlook to stable from negative

    Monday, March 21st, 2016

    Moody’s Investors Service, (“Moody’s”) downgraded Friday Armenia’s long-term issuer and senior unsecured debt ratings to B1 from Ba3. Concurrently

    Armeconombank's normative capital to amount to AMD 23 billion after merger with BTA Bank

    Monday, March 21st, 2016

    Armeconombank’s normative capital will amount to AMD 23 billion after merger with BTA Bank, the pres office of Armeconombank reported on Friday