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  • Archive for November, 2016

    European investment bank is lending eur 50 million to finance projects promoted by SMEs and MidCap companies in Armenia

    Friday, November 18th, 2016

    The European Investment Bank (EIB) and Armenia’s Central Bank signed an agreement today whereby EIB will provide a loan of 50 million Euros to the Central Bank to finance various projects of small and medium-sized agricultural and tourism companies

    13th issue of nominal coupon bonds by Araratbank ojsc listed on NASDAQ OMX Armenia

    Friday, November 18th, 2016

    NASDAQ OMX Armenia stock exchange said today that starting from November 18, 2016, nominal coupon bonds issued by “ARARATBANK” OJSC will be listed on NASDAQ OMX Armenia and included in the bonds secondary Bbond list

    Armenia to issue Eurobonds again in 2019

    Friday, November 18th, 2016

    Armenia is thought to carry out a new emission of Eurobonds in 2019, Arthur Javadyan, head of the Central Bank of Armenia, said Thursday while discussing the 2017 draft government budget with members of the National Assembly

    Armenian business people not enthusiastic about idea of attraction of loans in Russian rubles

    Friday, November 18th, 2016

    The idea of attraction of loans in Russian rubles has aroused little enthusiasm among Armenian business people, Arthur Javadyan, head of the Central Bank of Armenia, said Thursday while discussing the 2017 draft government budget with members of the National Assembly

    Armenia’s gross foreign reserves grew by 0.9% in late October to $1.839.1 billion

    Thursday, November 17th, 2016

    Armenia’s gross foreign reserves in late October, 2016 stood at $1. 839.1 billion, having increased over the month by 0.9% or $17.4 million, the Central Bank said

    Coupon bonds by Global Credit will be placed on NASDAQ OMX Armenia

    Thursday, November 17th, 2016

    “GLOBAL CREDIT” universal credit organization announced the upcoming placement of the Company’s bonds

    Anelik Bank becomes member of securities settlement system of central depository

    Wednesday, November 16th, 2016

    On November 10, 2016 “Anelik bank” CJSC became a Member of securities settlement system and thus was granted statuses of Depository system account operator and regulated market settlement system member (RMSSM), NASDAQ OMX Armenia stock exchange said today

    ARKA releases fresh issue of its “Credit Organizations of Armenia” bulletin

    Wednesday, November 16th, 2016

    ARKA news agency has released its economic and financial bulletin – “Credit Organizations of Armenia” for the third quarter of 2016

    Armenian insurance companies report 63% surge in net profit

    Wednesday, November 16th, 2016

    The net profit of six Armenia-based insurance companies in the first 9 months of 2016 amounted to 3.895.5 billion drams, up from 2.394.1 billion drams they had earned in the same period of 2015

    ACBA-CREDIT AGRICOLE BANK announces launch of new website of American Express in Armenia

    Wednesday, November 16th, 2016

    ACBA-CREDIT AGRICOLE BANK has announced today the launch of the new website of American Express in Armenia. ACBA-CREDIT AGRICOLE BANK is the exclusive partner of American Express in the country