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  • Archive for September, 2016

    Armenian central bank's net domestic assets in July 2016 rose by 7.2% to about 431.5 billion drams

    Wednesday, September 28th, 2016

    Armenian Central Bank’s net domestic assets grew by 7.2% in July 2016 from the previous month to about 431.5 billion drams, according to Central Bank’s monthly bulletin for July

    Armenian premier waiting for extraordinary ideas from bankers for business environment improvement

    Wednesday, September 28th, 2016

    Karen Karapetyan, Armenian prime minister, met with bankers on Tuesday and said he was waiting for practical and extraordinary ideas from them, which would be able to improve business environment and attract investments

    No significant risks for ensuring projected inflation rate – Armenian regulator

    Wednesday, September 28th, 2016

    No significant risks for ensuring the projected inflation rate in Armenia are seen in the medium term, despite deflationary risks in a short-term period, the board of the Central Bank of Armenia said at its session on Tuesday

    Armenia central bank cuts key refinancing rate to 6.75 pct from 7.25 pct

    Tuesday, September 27th, 2016

    Armenia’s Central Bank said today it had decided to cut its refinancing rate to 6.75 percent from 7.25 percent

    ACBA-CREDIT AGRICOLE BANK to conduct next business training for representatives of SMEs on October 3-4

    Tuesday, September 27th, 2016

    ACBA-CREDIT AGRICOLE BANK said today it will conduct the next business training for representatives of SMEs on October 3-4. According to a Bank press release, free business trainings are designed for managers of small and medium Armenian businesses

    Daily says central bank seeks to devaluate dram in support of new prime minister

    Tuesday, September 27th, 2016

    Armenia’s Central Bank is making drastic changes in its monetary policy, which have coincided with change of prime minister and formation of a new government, the local daily ‘Haykakan Zhamanak’ (Armenian Time) says in its today’s issue

    Eurasian Development Bank’s investment package in Armenia $30 million in 2015

    Tuesday, September 27th, 2016

    The current package of the Eurasian Development Bank’s investments in Armenia made in accordance with three projects of lending for small and mid-scale businesses and mining industry amounted to $30 million in 2015

    Except for Russia, Armenia is not interesting to other EEU member states

    Monday, September 26th, 2016

    Economist Vilen Khachatryan has blamed today the decline in foreign direct investments in the Armenian economy over the last 7 months on both internal and external factors

    Armenian commemorative coins named winner of international contest in Moscow

    Friday, September 23rd, 2016

    A silver coin “100th Anniversary of the Armenian Genocide”, released by the Central Bank of Armenia in 2015, was named the winner of the 10th international contest “Coin Constellation – 2016” in Moscow in the category “Coin of the Year”

    Armenia’s 2017 budget set to be cut - daily says

    Friday, September 23rd, 2016

    Armenia’s state budget for 2017 will be reduced, a local daily “Haykakan Zhamanak” (Armenian Time) says in its today’s issue