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  • Archive for May 19th, 2017

    Private noncommercial remittances to Armenia increased 14.5% to more than $312.9 million in Jan-March 2017

    Friday, May 19th, 2017

    More than $312.9 million has been received in Armenia through banks over a period between January and March 2017 as private noncommercial transfers, the Central Bank of Armenia reports on its website

    Relocation of FEAS head office to Armenia is historic event - Saroyan

    Friday, May 19th, 2017

    Konstantin Saroyan, CEO of NASDAQ OMX Armenia, told journalists on Thursday that the relocation the headquarters of Federation of Euro-Asian Stock Exchanges (FEAS) from Istanbul, Turkey to Yerevan, Armenia, could be called a historic event

    Armenian banks’ salary fund grew by 8% in first quarter to 14.4 billion drams

    Friday, May 19th, 2017

    In the first quarter of 2017 Armenia-based commercial banks’ expenses on wages increased by 8% from the year before to 14.4 billion drams, making 53.7% of their total administrative and other operating expenses

    Armenia-based banks increase reserves for possible credit losses by 22.7% to 102.7 billion drams

    Friday, May 19th, 2017

    In the first quarter of 2017 Armenia-based commercial banks increased their reserves for possible credit losses by 18.9 billion drams or 22.7% from the year before to 102.7 billion drams