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  • Archive for December, 2016

    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

    Armenian law-enforcement bodies investigating theft of large amount from ATM

    Friday, December 16th, 2016

    Armenian law-enforcement authorities have opened a criminal case involving theft of a large amount of money from an ATM in downtown Yerevan, owned by ACBA-CREDIT AGRICOLE BANK

    VTB Bank (Armenia) ATM robbery attempt reported in Yerevan

    Friday, December 16th, 2016

    An ATM of VTB Bank (Armenia) in Yerevan Baghramyan Street was blown up this night, the press office of the bank reported Friday morning

    One money transfer from Russia to Armenia amounted to $217

    Friday, December 16th, 2016

    One money transfer from Russia to Armenia amounted to $217, on average, in the third quarter of this year against $227 in the same period a year before, the Central Bank of Russia reports

    EBRD extends $8-million loan in drams to Armenia’s ACBA-CREDIT AGRICOLE BANK

    Friday, December 16th, 2016

    The European Bank for Reconstruction and Development (EBRD) is providing a local currency loan in Armenian drams equivalent to US$ 8 million through a local currency financing facility to ACBA-CREDIT AGRICOLE BANK (ACBA), the EBRD press office reported on Thursday

    Armenian investment companies’ assets grew by 3.6 percent in October to 41.6 billion drams

    Thursday, December 15th, 2016

    The assets of Armenian investment companies in October 2016 increased by 3.6% when compared to September, amounting to 41.6 billion drams, according to the monthly bulletin of the Central Bank of Armenia for October 2016

    Armenia’s gross international reserve slashes by 4.7% in November to $1.752 billion

    Thursday, December 15th, 2016

    Armenia’s gross international reserves in 2016 November stood at $1.752.4 billion, having decreased by 4.7% over the month or $ 6.7 million, the Central Bank of Armenia said today