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  • Archive for February, 2017

    FINCA Universal Credit Organization’s $4 million worth bonds admitted to trading at NASDAQ OMX Armenia

    Thursday, February 23rd, 2017

    FINCA Universal Credit Organization’s bonds (FNCAB1) were admitted Wednesday to trading at NASDAQ OMX Armenia, according to the stock exchange’s news release

    VTB Bank (Armenia) launches modern and safe online shopping service

    Wednesday, February 22nd, 2017

    VTB Bank (Armenia) said today it has launched a modern and safe online shopping service designed for holders of its Visa cards

    Concert by young musicians to be held in Yerevan with support of Unibank

    Wednesday, February 22nd, 2017

    A concert of symphonic music titled “Masters Teach Masters’ to be performed by young musicians will be held in Yerevan with the support of Unibank

    Armenian regulator auctions AMD 5 billion worth midterm government bonds

    Wednesday, February 22nd, 2017

    The Central Bank of Armenia auctioned Tuesday AMD 5 billion worth AMGN36294194 midterm government bonds with April 29, 2019 maturity date

    Armenia-based insurance companies earned 4.058 billion drams in net profit in 2016, up from 2.672.8 billion drams in 2015

    Tuesday, February 21st, 2017

    Armenia-based six insurance companies earned a total of 4.058 billion drams in net profit in 2016, up from 2.672.8 billion drams they had earned in 2015

    Plastic cards were used to make 1.410.02 trillion drams worth transactions in 2016

    Tuesday, February 21st, 2017

    All types of plastic cards were used in Armenia in 2016 to make a total of 1.410.02 trillion drams worth transactions, by 2% less than in 2015, the Central Bank reported today

    Arka News Agency releases bulletin ‘Insurance Companies of Armenia’ for 4th quarter of 2016

    Tuesday, February 21st, 2017

    ARKA news agency has released a fresh issue of its regular bulletin “The Insurance Companies of Armenia” for the fourth quarter of 2016

    Armenian banks bought a total of $69.9 million at local inter-bank forex market from February 13 to February 17

    Tuesday, February 21st, 2017

    Armenian banks bought a total of $69.9 million at the local inter-bank forex market in a time span from February 13 to February 17 at the weighted average exchange rate of 485.82 drams per one USD, the Central Bank reported today

    Armenia’s funded pension system’s assets doubled last year to 63.3 billion drams, according to central bank

    Monday, February 20th, 2017

    The assets of Armenia’s funded pension system, placed in two private pension funds, doubled last year from 2015 to 63.3 billion drams, according to the Central Bank of Armenia

    Aggregate share capital of 34 credit organizations in Armenia grew by 34.7% to 184.9 billion drams

    Monday, February 20th, 2017

    The aggregate share capital of 34 universal credit organizations operating in Armenia amounted to 184.9 billion drams in late 2016, having grown by 34.7% from the previous year, according to an ARKA news agency’s analysis