Armenian banks’ capital adequacy ratio (the ratio of a bank’s capital to its risks) was the highest in June 2016 over the last four year rising to 17.5%, according to the Central Bank of Armenia
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Archive for August 15th, 2016
Armenian banks’ capital adequacy ratio is on the rise
Monday, August 15th, 2016Arka releases regular issue of “Insurance Companies of Armenia” bulletin for the second quarter of 2016.
Monday, August 15th, 2016ARKA News Agency has released a fresh issue of its regular bulletin “The Insurance Companies of Armenia” for the second quarter of 2016
Armenian banks’ expenses on advertisement and representation up 1.4% to about 1.7 billion drams
Monday, August 15th, 2016In the second quarter of 2016 expenses of 20 Armenia-based commercial banks’ on advertisement and representation increased by 1.4% from the year before to 1 695.3 billion drams, ARKA news agency has found out after analyzing the banks’ financial reports
VTB bank (Armenia) supports Armenia’s windsurfing championship
Monday, August 15th, 2016Armenia’s windsurfing championship that kicked off on August 13 on Lake Sevan and will run through August 20 is supported by VTB Bank (Armenia)
Armenian central bank auctions short-term government bonds worth AMD 4 billion
Monday, August 15th, 2016The Central Bank of Armenia auctioned Monday nine-week AMGT0914A165 government bonds worth AMD 4 billion, the press office of the regulator reports
No dollar sale-purchase transactions at NASDAQ OMX Armenia stock exchange last week
Monday, August 15th, 2016No dollar sale-purchase transactions have been effected at NASDAQ OMX Armenia stock exchange over a period between August 8 and 12, the press office of the Central Bank of Armenia reports
Over $61 million bought by Armenian banks last week
Monday, August 15th, 2016Armenia’s commercial banks bought more than $61 million from the local foreign currency market on August 8 to 12 at the average weighted exchange rate of 475.35 drams per one USD, the Central Bank of Armenia reported on Monday
Armeconombank’s normative capital to reach AMD 27 billion after its merger with BTA Bank (Armenia)
Monday, August 15th, 2016Armeconombank’s normative capital will reach AMD 27 billion after its merger with BTA Bank (Armenia), the press office of Armeconombank reported after the two banks’ shareholders met on Monday
Armenia to introduce agriculture insurance system
Monday, August 15th, 2016Armenia will introduce an agriculture insurance system, Armen Harutyunyan, Armenian deputy agriculture minister, told journalists on Friday.
In his words, the methodology of the system introduction has already been discussed and developed with support from the Central Bank of Armenia
