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  • Archive for May, 2017

    Pan-Armenian bank may be reorganized into Pan-Armenian fund

    Thursday, May 25th, 2017

    The Pan-Armenian Bank may be reorganized into Pan-Armenian Fund, head of the Central Bank’s Financial Stability and Development Department Andranik Grigoryan told journalists on Wednesday

    ACBA-CREDIT AGRICOLE BANK expands business trainings

    Tuesday, May 23rd, 2017

    Heads of more than 30 small and medium-sized Armenian companies participated in an ACBA-CREDIT AGRICOLE BANK- initiated training course on adaptive leadership

    Arka news agency releases bulletin Credit Organizations of Armenia for first quarter of 2017

    Monday, May 22nd, 2017

    The ARKA news agency has released its economic and financial bulletin – “Credit Organizations of Armenia” for the first quarter of 2017

    Gold price in Armenia down to 17,550.19 drams per one gram

    Monday, May 22nd, 2017

    The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, set new prices for government agencies to buy and sell precious stones and metals which were effective from May 15 to May 21, 2017

    Around $86.5 million bought by Armenian banks last week

    Monday, May 22nd, 2017

    Armenia’s commercial banks bought around $86.5 million from the local foreign currency market on May 15 to 20 at the average weighted exchange rate of 424.84 drams per one USD, the Central Bank of Armenia reported on Monday

    Armenian banks’ expenses on advertisement grew to 783.5 million drams in quarter one

    Saturday, May 20th, 2017

    In the first quarter of 2017 expenses of 17 Armenia-based commercial banks’ on advertisement and representation increased by 3.51% from the year before to 783.5 million drams, ARKA news agency has found out after analyzing the banks’ financial reports

    Conversebank to give three free iPhone 7 and 900,000 drams

    Saturday, May 20th, 2017

    The Yerevan-based Converse Bank has announced a promotion campaign #ConverseVisaWeekend designed for Visa cardholders to stimulate non-cash transactions

    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