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  • Archive for December, 2017

    Some 400 billion drams worth transactions made by Armenian plastic cards

    Friday, December 22nd, 2017

    All types of plastic cards were used in Armenia in the third quarter of 2017 to make a total of 399.9 billion drams worth transactions, by 8.7% more than in the same time span of 2016, the Central Bank reported today

    Armeconombank signs $10 million loan agreement with German DEG

    Friday, December 22nd, 2017

    Yerevan-based Armeconombank has signed a loan agreement with Deutsche Investitions und Entwicklungsgesellschaft mbH (DEG) to the tune of $10 million, a statement on the bank’s website says

    USD - denominated coupon bonds by Anelik bank listed on NASDAQ OMX Armenia

    Friday, December 22nd, 2017

    Starting from December 22, 2017, USD-denominated coupon bonds issued by “ANELIK BANK” CJSC will be listed on NASDAQ OMX Armenia and included in the bonds main Abond list, the stock exchange said

    ACBA-CREDIT AGRICOLE BANK to place AMD 1 billion worth bonds

    Friday, December 22nd, 2017

    ACBA-CREDIT AGRICOLE BANK embarked Thursday on placement of coupon non-documentary bonds totaling AMD 1 billion, the bank’s press office reports

    Government to subsidize loans on intensive gardening

    Thursday, December 21st, 2017

    The government of Armenia has approved today a pilot program designed to subsidize interest rates on loans to be provided to farmers engaged in intensive gardening

    Inflow of money transfers into Armenia accounts for 16.7% year-on-year growth and outflow for 27%

    Thursday, December 21st, 2017

    Around $1 397.7 million has come to Armenia over the first ten months of this year through banks as noncommercial individual transfers – 16.7% less than in the same period a year earlier, the Central Bank of Armenia says on its website

    AMD-denominated coupon bonds by Araratbank listed on NASDAQ OMX Armenia

    Wednesday, December 20th, 2017

    Starting from December 20, 2017, nominal coupon bonds issued by ARARATBANK OJSC have been listed on NASDAQ OMX Armenia and included in the bonds’ main Abond list

    Armenia raises national debt ceiling

    Wednesday, December 20th, 2017

    A set of amendments passed today in the second and final reading to Armenian laws related to the state budget and the national debt, provide for three national debt ceilings – 40%, 50% and 60% of the GDP

    USD -denominated coupon bonds by Armbusinessbank CJSC listed on NASDAQ OMX Armenia

    Wednesday, December 20th, 2017

    Starting from December 19, 2017 USD denominated nominal coupon bonds issued by “ARMBUSINESSBANK” CJSC will be listed on NASDAQ OMX Armenia and included in the bonds’ secondary (Bbond) list, the stock exchange said

    Armenia to get another KfW 15 million euro loan to enhance energy saving

    Tuesday, December 19th, 2017

    The Central Bank of Armenia and the German bank KfW have signed a loan agreement today to the tune of 15 million euros. The funds will be used to finance the implementation of energy saving projects by micro, small and medium-sized businesses, the Central Bank said