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
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Archive for November, 2016
Armenian regulator downs its 2016 economic growth outlook to 1.3-1.8%
Monday, November 28th, 2016Armenian Development Bank merges with Araratbank
Monday, November 28th, 2016Armenian 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, 2016On 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
GLOBAL CREDIT UCO’s bonds placed at NASDAQ OMX Armenia
Friday, November 25th, 2016GLOBAL CREDIT Universal Credit Organization’s registered coupon bonds were placed Thursday at NASDAQ OMX Armenia for placement, the press office of the stock exchange reports
Armenia to receive $50 million loan from IBRD
Thursday, November 24th, 2016The government of Armenia approved today a draft $50 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a division of World Bank) for financing the fourth part of the program “Development Policy Financing” (DPF-4)
Residents’ deposits at Armenia’s commercial banks grow 1.8% to AMD 1 667 billion in October
Thursday, November 24th, 2016Residents’ deposits at Armenia’s commercial banks grew 1.8% in October 2016, compared with the previous month, to AMD 1 667 billion, the National Statistical Service reported on Thursday
Unibank begins second issue of nominal coupon bonds in drams
Thursday, November 24th, 2016Unibank began November 23 the second issue of nominal coupon bonds with the annual yield of 13.5%, the Yerevan-based bank’s press service said today. It said also a total of 25,000 bonds are to be issued worth 250 million drams
NASDAQ OMX Armenia became executive board member of FEAS
Wednesday, November 23rd, 2016During the General Meeting of the Federation of Euro-Asian Stock Exchanges (FEAS) held on November 19-21, 2016 in Egypt, “NASDAQ OMX Armenia” OJSC has been elected as FEAS Executive Board Member
16th issue of bonds by National Mortgage Company listed on NASDAQ OMX Armenia
Wednesday, November 23rd, 2016Starting from November 23, 2016, nominal coupon bonds issued by “National Mortgage Company” Refinancing Credit Organization CJSC (RCO CJSC) will be listed on NASDAQ OMX Armenia and included in the bonds main Abond list, the stock exchange said today
