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  • Archive for April 7th, 2016

    VTB bank (Armenia) denies allegations it collects intelligence for Azerbaijan

    Thursday, April 7th, 2016

    The Yerevan-based VTB Bank (Armenia) described reports in some news media outlets alleging that it was collecting intelligence for Azerbaijan as ‘a lie,’ that denigrates the reputation of the bank and misleads Armenian residents

    U.S. dollar grows for fifth day in row

    Thursday, April 7th, 2016

    The average market value of US dollar has grown today by 0.06 percentage points over the Armenian national currency from April 6 to 482.61 drams, the Central Bank said

    Armbusinessbank annuls credit obligations of soldiers killed in Nagorno-Karabakh

    Thursday, April 7th, 2016

    Armenian Armbusinessbank Board of Directors has decided to annul all credit obligations of servicemen who were killed in the latest upsurge of violence in Nagorno-Karabakh provoked by Azerbaijan, and also the obligations of their families

    Gold buying price down 1.74% in Armenia

    Thursday, April 7th, 2016

    The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, has set new prices for government agencies to buy and sell precious stones and metals which were effective from March 28 to April 3

    EBRD, EU to provide €11 million to Armenia for implementation of modern solid waste management solutions in provinces

    Thursday, April 7th, 2016

    The European Bank for Reconstruction and Development (EBRD) is providing €5.5 million loan to Armenia for implementation of modern solid waste management solutions in Kotayk and Gegharkunik regions

    Armenian central bank working out legislative proposals on financial derivatives

    Thursday, April 7th, 2016

    Teresa Daban Sanchez, IMF Resident Representative to Armenia, commenting on probability of introduction foreign currency hedging, said the Central Bank of Armenia was working out legislative proposals on financial derivatives