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  • Archive for March 6th, 2017

    Rates on deposits continue to drop in Armenia

    Monday, March 6th, 2017

    Interest rates on term and demand deposits in Armenia-based commercial banks continue to decline, according to the Central Bank

    Samvel Karapetyan is in Bloomberg’s list of 500 richest billionaires

    Monday, March 6th, 2017

    A Russia-based businessman of Armenian origin Samvel Karapetyan, the founder and president of Tashir group of companies, is among Bloomberg’s top 500 world’s billionaires

    Around $87.3 million bought by Armenian banks last week

    Monday, March 6th, 2017

    Armenia’s commercial banks bought around $87.3 million from the local foreign currency market on February 27 to March 3 at the average weighted exchange rate of 486.04 drams per one USD, the Central Bank of Armenia reported on Monday