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  • Archive for September, 2016

    Armenia’s new finance minister to focus on drawing up realistic budget

    Thursday, September 22nd, 2016

    Armenia’s newly appointed minister of finance Vardan Aramyan told journalists today that in the next 10 days he will be focusing on the drawing up of the next year’s budget, which will be drawn up in a manner so that taxpayers’ money are used sparingly and purposefully

    Gold buying price up 1.7 percent

    Tuesday, September 20th, 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 September 12 to September 18

    VTB Bank (Armenia) offers round-the-clock distant UNISTREAM system service

    Tuesday, September 20th, 2016

    VTB Bank (Armenia) offers an opportunity to transfer money via UNISTREAM system through the bank’s website, the press office of the bank reported on Tuesday

    Members of NASDAQ OMX Armenia stock exchange prefer over the counter transactions

    Monday, September 19th, 2016

    Members of NASDAQ OMX Armenia have been ignoring the stock exchange for carrying out foreign exchange transactions, preferring over the counter (OTC) deals, Konstantin Saroyan, the director of the exchange, said in an interview with ARKA news agency

    Plastic cards were used in Armenia to make 340.1 billion drams worth transactions in six months

    Monday, September 19th, 2016

    All types of plastic cards were used in Armenia to make 340.1 billion drams worth transactions in the first half of 2016, the Central Bank reported today adding also that the amount represented a 6.3% decline when compared to the same period of 2015

    No dollar sale-purchase transactions at NASDAQ OMX Armenia stock exchange last week

    Monday, September 19th, 2016

    No dollar sale-purchase transactions have been effected at NASDAQ OMX Armenia stock exchange over a period between September 12 and 16, the press office of the Central Bank of Armenia reports

    Armenian insurance companies pay 4.8 billion drams in 8-month car insurance compensation claims

    Monday, September 19th, 2016

    Six Armenia-based insurance companies paid a total of 4.8 billion drams in 25,332 car insurance compensation claims in the first eight months of 2016, a decrease of 5.8% when compared to the same time span of 2015, a statement posted on the official website of Armenia’s Car Insurers’ Bureau says

    Over $74.7 million bought by Armenian banks last week

    Monday, September 19th, 2016

    Armenia’s commercial banks bought more than $74.7 million from the local foreign currency market on September 12 to 16 at the average weighted exchange rate of 473.24 drams per one USD, the Central Bank of Armenia reported on Monday

    U.S. dollar exchange rate drops by 0.04 percentage points over Armenian dram

    Thursday, September 15th, 2016

    The average market value of US dollar has fallen today by 0.04 percentage points over the Armenian national currency from September 13 to 473.96 drams, the Central Bank said

    VTB Bank (Armenia) and Unistream announce winners of joint money transfer promotion campaign

    Thursday, September 15th, 2016

    VTB Bank (Armenia) and Unistream money transfer system have announced today the winners of a promotion campaign called ‘Winning Money Transfer.”