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  • Archive for June, 2016

    Armenia’s overall state debt grows by $190 million in six months

    Thursday, June 30th, 2016

    Armenia’s overall state debt at the end of May 2016 stood at $5.252.1 billion, an increase of 3.7 percent or $191.8 million from the beginning of the year, according to updated figures of the National Statistical Service (NSS), released today. In May alone the state debt increased by 0.35%, NSS said

    U.S. dollar drops by 0.46 percentage points over Armenian dram

    Wednesday, June 29th, 2016

    The average market value of US dollar has dropped today by 0.46 percentage points over the Armenian national currency from June 28 to 476.33 drams, the Central Bank said

    Central Bank chairman off to St. Petersburg for international banking congress

    Wednesday, June 29th, 2016

    The chairman of the Central Bank of Armenia Artur Javadyan has left for Russian St. Petersburg to participate in the 25th International Banking Congress

    Armenian Central Bank cuts refinancing rate by 0.25 percentage points to 7.5%

    Tuesday, June 28th, 2016

    Armenia’s Central Bank said today it had decided to cut its refinancing rate to 7.5 percent from 7.75 percent. According to a Central bank press release, the annual deflation in the country was at 2.1 percent in May compared to 1.9 percent deflation in April

    Unibank’s common nominal stocks listed at NASDAQ OMX Armenia

    Tuesday, June 28th, 2016

    Common nominal stocks issued by UNIBANK OJSC were listed on NASDAQ OMX Armenia on June 24 and included in the main stocks’ Abond list, the bank said today in a press release

    Armenian banks bought about $94 million last week

    Tuesday, June 28th, 2016

    Armenia’s commercial banks bought a total of $93.9 million from the local foreign currency market on June 20- 24 at the average weighted exchange rate of 475.88 drams per one USD, the Central Bank said

    Gold buying price in Armenia up 2.3 percent

    Tuesday, June 28th, 2016

    The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, set new prices for government agencies to buy and sell precious stones and metals which were effective from June 20 to June 26, 2016. The new prices were for one gram of chemically pure metals

    Areximbank offers 50% annual maintenance discount for premium class chip-embedded mastercard gold and visa gold payment cards

    Tuesday, June 28th, 2016

    As part of Suitcase Mood vocational campaign running from June 27 to September 30 all customers of Areximbank –Gazprombank Group, who will purchase insurance policies for traveling abroad will be offered premium class chip-embedded MasterCard Gold and VISA Gold payment cards with a 50% discount for annual maintenance

    Friendly football match between VTB Bank (Armenia) and Armenian journalists ended 6-2

    Tuesday, June 28th, 2016

    A friendly football match between VTB Bank (Armenia) and Armenian journalists on June 25 in Yerevan ended 6-2, VTB Bank (Armenia) said today saying also that its team was led by David Simonyan

    Armeconombank intends to complete placement of 13th emission of its stocks in late September

    Tuesday, June 28th, 2016

    Armeconombank has already embarked on placement of the 13th emission of its stocks and is planning to complete the process in late September, Saribek Sukiasyan, the chairman of Armeconombank’s board, said Friday at an annual assembly of the bank’s shareholders