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  • Archive for November 28th, 2016

    17th issue of bonds by National Mortgage company placed at NASDAQ OMX Armenia

    Monday, November 28th, 2016

    On November 28, 2016 placement of nominal coupon bonds (NMCCB2H) issued by “National Mortgage Company” Refinancing Credit Organization CJSC (RCO CJSC) took place at NASDAQ OMX Armenia

    Unibank announces new issuance of 4 billion drams worth shares

    Monday, November 28th, 2016

    The Armenia-based Unibank said today it begins a new issuance of shares to be carried out through NASDAQ OMX Armenia stock exchange

    Armenian central bank intervenes to buy $48.6 million in quarter three

    Monday, November 28th, 2016

    Armenia’s Central Bank said it had intervened to buy a total of $48.6 million in the third quarter ‘to offset short-term fluctuations in the foreign exchange market, resulting from the seasonality of the balance of payments.”

    Around $66.8 million bought by Armenian banks last week

    Monday, November 28th, 2016

    Armenia’s commercial banks bought around $66.8 million from the local foreign currency market on November 21 to 25 at the average weighted exchange rate of 478.51 drams per one USD, the Central Bank of Armenia reported on Monday

    Armenian regulator downs its 2016 economic growth outlook to 1.3-1.8%

    Monday, November 28th, 2016

    The Central Bank of Armenia has changed its 2016 outlook for the national economy growth downward – from 2.8-3.4% to 1.3-1.8%, the regulator says in its inflation report based on its monetary policy for the fourth quarter of 2016 and the third-quarter performance of the policy

    ARKA News Agency presenting payroll ranking of Armenian banks for Jan-Sept 2016

    Monday, November 28th, 2016

    YEREVAN, November 28. /ARKA/. ARKA News Agency is presenting the payroll ranking of Armenian banks for Jan-Sept 2016. The agency’s analysis shows that the banks have spent AMD 40.7 billion over a period between January and September 2016 for paying wages to their personnel – 1.4% more than at the same period a year earlier. […]

    Armenian Development Bank merges with Araratbank

    Monday, November 28th, 2016

    Armenian Development Bank’s shareholders decided Friday at their meeting to merge their bank with Araratbank handing its rights and liabilities over to the latter

    Armenian regulator gives its preliminary approval to Ardshinbank’s merger with Areximbank-Gazprombank Group

    Monday, November 28th, 2016

    On November 22, 2016, the Central Bank of Armenia gave its preliminary approval to Ardshinbank’s merger with Areximbank-Gazprombank Group, the two banks reported Friday in their joint press release