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  • Archive for May, 2017

    Foreign direct investments in Armenian economy grew by 30% in quarter one, 2017

    Wednesday, May 31st, 2017

    Foreign direct investments (FDI) into the Armenian economy in the first quarter of 2017 amounted to the equivalent of 19.743.2 billion drams, up from 14.987.2 billion drams in the same time span of 2016, an increase of 31%, the National Statistical Service (NSS) reported today

    Monetary base in Armenia drops by 8.6% in April

    Wednesday, May 31st, 2017

    Armenia’s monetary base at the end of April 2017 stood at about 886.5 billion drams, having decreased by 8.6% over the previous month, according to the National Statistical Service, which cited preliminary data of the Central Bank

    Armenia’s total public debt exceeds $6 billion in April 2017

    Wednesday, May 31st, 2017

    Armenia’s public debt reached $6 037.3 million b y late April 2017 after growing 0.68% or by $41.2 million over one month, the National Statistical Service reports

    Anelik bank places bonds ahead of schedule

    Tuesday, May 30th, 2017

    The Yerevan-based Anelik Bank said today that its second issue of nominal USD-denominated coupon bonds at Nasadq OMX Armenia stock exchange was fully placed ahead of schedule

    ACBA-CREDIT AGRICOLE BANK and Microsoft to contribute to SME digitalization in Armenia

    Tuesday, May 30th, 2017

    ACBA-CREDIT AGRICOLE BANK and Microsoft Corporation will help small and mid-scale businesses in Armenia in digitalization, the bank’s press office reported on Tuesday

    Armenian central bank issues new commemorative coins

    Tuesday, May 30th, 2017

    The Central Bank of Armenia has issued two kinds of silver commemorative coins – Barcelona Labyrinth and Masone Labyrinth, the press office of the regulator reported on Tuesday

    NASDAQ OMX conducts auction of short-term government bonds

    Monday, May 29th, 2017

    An auction of short-term government bonds worth 500 million drams was conducted by NASDAQ OMX Armenia stock exchange on May 29

    Expert says Armenia’s banking sector still vulnerable to hacker attacks

    Monday, May 29th, 2017

    Armenia’s banking sector is very vulnerable to hacker attacks, Armen Karapetyan, representative of Kaspersky Lab in Armenia and Georgia, told reporters on Monday

    Around $69.8 million bought by Armenian banks last week

    Monday, May 29th, 2017

    Armenia’s commercial banks bought around $69.8 million from the local foreign currency market on May 22 to 26 at the average weighted exchange rate of 481.47 drams per one USD, the Central Bank of Armenia reported on Monday

    Armenian central bank announces tender for printing of composite banknotes

    Friday, May 26th, 2017

    Armenia’s Central Bank has announced a tender for printing composite banknotes, the bank’s press service reported. It described composite banknotes as more durable with higher multi-stage security features