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  • Archive for February 7th, 2017

    Anelik bank named winner of NASDAQ OMX Armenia best member awards 2016 in the category best exchange member 2016 at forex market

    Tuesday, February 7th, 2017

    The Yerevan-based Anelik Bank was named the winner of NASDAQ OMX Armenia Best Member Awards 2016 in the category Best Exchange Member at Forex Market. The winners in all categories were announced during a special ceremony held in the resort town of Dilijan on February 3

    No threat of default- deputy central bank chairman says

    Tuesday, February 7th, 2017

    Armenian Central Bank’s deputy chairman Nerses Yeritsyan has shrugged off today allegations by Hrant Bagratyan, a lawmaker from the oppositional Armenian National Congress (HAK) that Armenia has approached the verge of default

    IFC arranges $140 million in financing to boost clean energy supplies in Armenia

    Tuesday, February 7th, 2017

    IFC, a member of the World Bank Group, said it has arranged a landmark $140 million financing package for the Vorotan Hydropower Cascade, one of Armenia’s main power generating facilities, to bolster the country’s supply of clean energy

    Interest rates on deposits and loans recorded a drop in 2016

    Tuesday, February 7th, 2017

    Interest rates on deposits and loans in Armenia recorded a drop in 2016 prompted by Central Bank’s prolonged loose monetary policy. According to the regulator

    Kamurj credit organization’s loan portfolio reaches 12 billion drams

    Tuesday, February 7th, 2017

    The credit portfolio of Kamurj (Bridge) Armenian universal credit organization has amounted to 12 billion drams. In 2016 the organization released 9.7 billion drams worth loans