Moody’s Investors Service said in a press release that it has assigned B2 long-term and NP short-term local- and foreign-currency deposit ratings, a b2 baseline credit assessment (BCA) and adjusted BCA, as well as a B1(cr) long-term and NP(cr) short-term Counterparty Risk Assessment (CR Assessment) to Armenia’s Anelik Bank CJSCo. The long-term deposit ratings carry a stable outlook
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Archive for June, 2017
Moody’s assigns B2/np ratings to Anelik Bank; outlook stable
Friday, June 30th, 2017EBRD-managed fund to provide grant for construction of eu-compliant facility
Friday, June 30th, 2017Supporting Armenia’s effort to become greener, the E5P fund is co-financing the construction of a new landfill for solid waste for the Gegharkunik and Kotayk regions with a €2 million grant
Proceeds from placement of BSTDB bonds to be used for enhancing Armenian economy
Friday, June 30th, 2017The proceeds from the placement of AMD-denominated nominal coupon bonds (BSTBB1) issued by Black Sea Trade and Development Bank at NASDAQ OMX Armenia
Converse bank unveils “summer” deposit offer
Friday, June 30th, 2017As part of its earlier launched special offer, Converse Bank has unveiled today the “Summer” deposit offer that should be placed before September
Anelik bank to place 4th issue of USD-denominated bonds
Wednesday, June 28th, 2017Anelik Bank said today it will be placing the 4th issue of USD –denominated bonds to the tune of $5 million from June 29 to September 15
EDB provides $20-million renewable credit line to Armenia’s Ardshinbank for trade financing
Wednesday, June 28th, 2017The Eurasian Development Bank has provided a $20-million renewable credit line to Armenia’s Ardshinbank CJSC for trade financing
Nominal coupon bonds issued by Black Sea Trade and Development Bank placed at Nasdaq OMX Armenia
Wednesday, June 28th, 2017On June 27, 2017 placement of AMD denominated nominal coupon bonds (BSTBB1) issued by Black Sea Trade and Development Bank took place at NASDAQ OMX Armenia, the exchange said in a press release
IMF to provide Armenia with $21.6 million loan tranche
Wednesday, June 28th, 2017On June 23 the Executive Board of the International Monetary Fund (IMF) completed the fifth and final review of Armenia’s economic performance under a three-year arrangement under the Extended Fund Facility (EFF)
Armenian Central Bank keeps key rate unchanged at 6 percent
Wednesday, June 28th, 2017Armenia’s Central Bank decided today to keep the refinancing rate unchanged at 6%. The bank said in a statement that a deflation of 0.2% was recorded in May
Central bank released 28.9 billion drams to support mortgage programs in 2016
Monday, June 26th, 2017In 2016 Armenia’s Central Bank released a total of 28.9 billion drams to finance mortgage programs
