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  • Archive for August, 2016

    Central bank auctions 4 billion drams worth short-term government bonds

    Friday, August 19th, 2016

    Armenia’s Central Bank has auctioned today 4 billion drams worth short-term government bonds of AMGT0921A160 issue with a maturity of 9 weeks

    Holders of VTB Bank (Armenia) MasterCard cards offered movie tickets

    Friday, August 19th, 2016

    The international payment system MasterCard has launched a nation-wide promotional campaign called “Finding oneself in the movie world is priceless

    Credit organizations” investments and leasing transactions in six months 2016 grew by 7.2% to 239.7 billion drams

    Friday, August 19th, 2016

    The total amount of credit investments and leasing transactions made by Armenia-based 32 credit organizations over the first six months of 2016 grew by 7.2% from the beginning of the year to about 239.7 billion drams

    Armenian credit organizations increase their equity capital by 16.2 percent

    Thursday, August 18th, 2016

    At the end of quarter two, 2016 the equity capital of 32 credit organizations operating in Armenia amounted to 156.9 billion drams, having increased by 16.2% from the beginning of the year

    Insurance companies collected 9.2 billion drams in six months as premiums for mandatory insurance of vehicles

    Wednesday, August 17th, 2016

    Six Armenia-based insurance companies collected a total of 9.2 billion drams in the first half of 2016 as premiums for mandatory insurance of vehicles and paid 3.9 billion drams in damage compensation claims

    Armenian banks’ reserves for possible losses on loans grew by 11.7% to 93.5 billion drams

    Wednesday, August 17th, 2016

    In the second quarter of 2016 Armenia’s commercial banks increased their reserves for possible losses on loans by 9.7 billion drams or 11.7% to 93.5 billion drams. According to ARKA news agency’s bulletin “Banks of Armenia”, these reserves grew by 3.89% from the beginning of the year

    Armenian central bank auctions mid-term and short-term government bonds

    Wednesday, August 17th, 2016

    Armenia’s Central Bank said today it had auctioned August 16 some 4,847,500,000 drams worth mid-term government bonds of AMGN36294194 issue with a maturity of up to 29 April 2019

    Armenia’s central bank cuts key refinancing rate to 7.25 pct from 7.5 pct

    Tuesday, August 16th, 2016

    Armenia’s Central Bank said today it had decided to cut its refinancing rate to 7.25 percent from 7.5 percent

    ARKA news agency releases fresh issue of “Credit Organizations of Armenia” quarterly bulletin

    Tuesday, August 16th, 2016

    ARKA News Agency has released a regular issue of its quarterly bulletin “Credit Organizations of Armenia” for the second quarter of 2016. The bulletin is based on unified financial reports of crediting organizations, published in the Armenian newspapers

    Areximbank, MasterCard offer movie to clients

    Tuesday, August 16th, 2016

    Areximbank – Gazprombank Group and MasterCard international payment system offers their clients to watch a movie for free