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  • Archive for July, 2017

    Armenian banks bought $76.3 million last week

    Monday, July 31st, 2017

    From July 24 to July 28 Armenian commercial banks bought a total of $76.3 million from the local inter-bank forex market at the weighted average exchange rate of 477.97 drams per one USD, the Central Bank said

    Armenia’s total public debt grows by $45.8 million in June 2017

    Monday, July 31st, 2017

    Armenia’s aggregate public debt amounted to $6,140.8 million in late June after growing 0.75% or by $45.8 million over one month, the National Statistical Service reports

    Kamurj credit organization closed first half with a profit of 90.5 million drams

    Friday, July 28th, 2017

    Kamurj (Bridge) credit organization said today it closed the first half of the year with a profit of 90.5 million drams. The organization’s loan portfolio stood at 11.3 billion drams

    VTB Bank (Armenia) offers new loans to small businesses

    Friday, July 28th, 2017

    VTB Bank (Armenia) has launched a unique lending program for small businesses, the bank’s press office reported on Friday

    European Investment Bank to continue supporting Armenian economy

    Friday, July 28th, 2017

    The European Investment Bank will continue supporting Armenia’s economy

    Armenian banks paid 21.6 billion drams in taxes for first half

    Thursday, July 27th, 2017

    The list of 1000 largest Armenian corporate taxpayers for the first half of 2017 includes all 17 commercial banks operating in the country which paid about 21.6 billion drams in taxes

    AMD denominated coupon bonds by “Ameriabank” CJSC listed on NASDAQ OMX Armenia

    Wednesday, July 26th, 2017

    Starting from July 26, 2017, AMD denominated nominal coupon bonds issued by “AMERIABANK” CJSC will be listed on NASDAQ OMX Armenia and included in the bonds’ main Abond list, the stock exchange said in a press release today

    Government to lower rates on subsidized loans

    Wednesday, July 26th, 2017

    The government of Armenia is going to lower the rates on subsidized loans provided to farmers and also increase the related financing, Deputy Minister of Agriculture Robert Makaryan told journalists on Wednesday

    VTB bank (Armenia) offers deposit-secured loans and credit lines

    Wednesday, July 26th, 2017

    The Russian-owned VTB Bank (Armenia) said today its customers, who open deposit accounts or already have such accounts at the bank, can seek deposit-secured consumer loans and credit lines. It said a consumer loan or a credit line can be obtained in minutes and without having to produce additional documents

    Eurasian Development Bank proposes creation of single currency for Eurasian Economic Union space

    Wednesday, July 26th, 2017

    The Eurasian Development Bank proposed the central banks of the Eurasian Economic Union member countries to create a single monetary unit for calculations, Vestifinance.ru reports