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  • Archive for December 19th, 2016

    Around $90.6 million bought by Armenian banks last week

    Monday, December 19th, 2016

    Armenia’s commercial banks bought around $90.6 million from the local foreign currency market on December 12 to 16 at the average weighted exchange rate of 483.77 drams per one USD, the Central Bank of Armenia reported on Monday

    VTB Bank (Armenia) recognized by Gallup International Association as best bank of Armenia

    Monday, December 19th, 2016

    The Armenian office of the Gallup International Association (GIA) has recognized VTB Bank (Armenia) the best bank of Armenia, the press office of the bank reported on Monday

    Armenian central bank auctions 3 billion drams worth short-term government bonds

    Monday, December 19th, 2016

    Armenia’s Central Bank said it had auctioned December 16 some 3 billion drams worth short-term government bonds of AMGT26166174 issue with a maturity period of 26 weeks

    Italian banker impressed by Armenian banking legislation

    Monday, December 19th, 2016

    Antonio Fallico, president of Conoscere Eurasia Association and chairman of the board of Italy’s Banca Intesa, praised the banking legislation of Armenia

    Over 2 trillion drams remitted in 2016 October

    Monday, December 19th, 2016

    The total amount of money transfers made by Armenian commercial banks in 2016 October by using their non-cash instruments amounted to 2.051.8 trillion drams, an increase of 7% when compared with the same period last year