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  • Archive for May, 2016

    ACBA Mobile app expands its capabilities

    Tuesday, May 24th, 2016

    ACBA CREDIT AGRICOLE BANK’S ACBA Mobile application launched in 2015 September

    Central bank auctions 1.5 billion drams worth short-term bonds

    Tuesday, May 24th, 2016

    Armenia’s Central Bank said today it had auctioned May 23 some 1.5 billion drams worth short-term government bonds of AMGT39202179 issue maturing in 39 weeks

    Dollar sale/purchase transactions at NASDAQ OMX Armenia total $100,000 last week

    Tuesday, May 24th, 2016

    Dollar sale/purchase transactions totaling $100,000 have been effected at NASDAQ OMX Armenia over a period between May 16 and 20

    Armenian banks bought $64 million at local intra-bank forex market last week

    Tuesday, May 24th, 2016

    Armenian banks bought a total of $64 million from the local intra-bank forex market from May 16 to May 20 at the average weighted exchange rate of 477.36 drams per $1, he Central Bank said

    Nominal discount bonds issued by national mortgage company placed at NASDAQ OMX Armenia

    Monday, May 23rd, 2016

    On May 20, 2016 placement of nominal discount bonds (NMCCB1E) by “National Mortgage Company” Refinancing Credit Organization CJSC (NMC RCO) took place at NASDAQ OMX Armenia

    VTB bank (Armenia) sees two-fold rise in loan restructuring applications

    Monday, May 23rd, 2016

    In the first quarter of 2016 VTB Bank (Armenia) has seen a twofold year-on-year increase in the number of applications from its customers to restructure their loans

    Net proceeds from two issues of Armenia’s Eurobonds in 2015 amounted to 136 billion drams

    Monday, May 23rd, 2016

    Net proceeds from two issues of Armenia’s Eurobonds in 2015 amounted to 136 billion drams, Deputy Finance Minister Atom Janjughazyan said today

    Investment in Armenia’s banking sector is promising - Gagik Zakaryan

    Friday, May 20th, 2016

    After its successful IPO in 2015, Unibank has announced an emission of dollar registered coupon bonds as a new and profitable instrument for investment

    Armenia-based insurance companies collect 9.5 billion drams of premiums in three months of 2016

    Friday, May 20th, 2016

    Six Armenia-based insurance companies collected a total of 9.5 billion drams of insurance premiums in the first three months of 2016, a 6.7% year-on-year growth