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  • Archive for April 1st, 2016

    Saudi Arabia is planning to create $2 trillion sovereign wealth fund

    Friday, April 1st, 2016

    Saudi Arabia is planning to create a $2 trillion sovereign wealth fund to reduce the country’s reliance on oil and fundamentally change its economy, according to Bloomberg

    U.S. dollar drops by 0.47 percentage points over dram

    Friday, April 1st, 2016

    The average market value of US dollar has fallen today again by 0.18 percentage points over the Armenian national currency from March 31 to 480.61 drams, the Central Bank said

    VTB Bank (Armenia) to start paying baby birth and stay-at-home mother benefits

    Friday, April 1st, 2016

    All the 65 branches of VTB Bank (Armenia) will start paying benefits to stay-at-home mothers and a lump-sum baby birth benefits to individual bank accounts as part of an appropriate governmental program

    Armenia’s total public debt grows 0.67% to $5120.4 million in February

    Friday, April 1st, 2016

    Armenia’s total public debt reached $5120.4 million in late February after growing 0.67% over one month, the National Statistical Service of Armenia reports

    $62.19 million received in Armenia in February as individual money transfers – 5.91% year-on-year decline

    Friday, April 1st, 2016

    About $62.19 million came to Armenia through banks as noncommercial individual money transfers in February 2016, the press office of the Central Bank of Armenia reports

    Areximbank-Gazprombank group offers money transfers via best system

    Friday, April 1st, 2016

    Areximbank-Gazprombank Group began making international money transfers from April 1 without account opening via Russian BEST payment system