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  • Archive for October 31st, 2016

    Armenia expects modest growth in remittances next year- minister says

    Monday, October 31st, 2016

    Armenia expects a modest growth in the volume of remittances in 2017, the bulk of which is sent by Armenian labor migrants working in the Russian Federation, finance minister Vardan Aramyan said today during a parliamentary hearing of the next year’s draft budget

    ACBA-CREDIT AGRICOLE BANK inaugurates its 57th branch

    Monday, October 31st, 2016

    ACBA-CREDIT AGRICOLE BANK has inaugurated today its 57th “Shinararneri” branch, located at 15, Shinararneri Street in Ajapnyak administrative district of the capital city Yerevan

    Armenian banks' taxes for 9 months fell by 11.4% year-on-year

    Monday, October 31st, 2016

    The list of Armenia’s 1000 largest corporate taxpayers for the first 9 months of 2016 includes all 19 commercial banks operating in the country, which paid a total of 28.2 billion drams in various taxes

    Armenia’s monetary base in September 2016 was up 5.4% from August

    Monday, October 31st, 2016

    Armenia’s monetary base in September 2016 increased by 5.4% from the previous month of August to about 897.9 billion drams, the National Statistical Service (NSS) reported citing the preliminary data of the Central Bank

    Around $110 million bought by Armenian banks last week

    Monday, October 31st, 2016

    Armenia’s commercial banks bought more than $110 million from the local foreign currency market on October 24 to 28 at the average weighted exchange rate of 474.77 drams per one USD

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

    Monday, October 31st, 2016

    No dollar sale-purchase transactions have been effected at NASDAQ OMX Armenia stock exchange over a period between October 24 and 28, the press office of the Central Bank of Armenia reports

    Economic growth is projected at 3.2% in Armenia’s 2017 draft government budget

    Monday, October 31st, 2016

    In Armenia’s draft government budget for 2017, economic growth is projected at 3.2%, Karen Karapetyan, Armenian prime minister, said Monday while presenting the draft budget to the parliamentary commissions