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  • Archive for February, 2018

    Armenia’s gross international reserves down 1.2% to about to $2.9 billion

    Wednesday, February 28th, 2018

    At the end of 2018 December Armenia’s international gross reserves totaled $2.286.9 billion, down by 1.2% or $27 million from the previous month, according to the Central Bank of Armenia

    Armenia’s public debt grows 1.8% to $6 898.1 million in January 2018

    Wednesday, February 28th, 2018

    Armenia’s total public debt amounted to $6 898.1 million in late January 2018 after growing 1.8% or by $123.5 million over the month, the National Statistical Service reports

    Armenian insurance companies’ net profits drop by 60% in 2017

    Tuesday, February 27th, 2018

    Six insurances companies operating in Armenia earned a total of 1.48 billion drams in net profit in 2017, down from 3.7 billion drams they had earned in 2016, according to Arka news agency’s quarterly bulletin “Insurance Companies of Armenia” for the fourth quarter of 2017

    Arka release bulletin ‘Insurance Companies of Armenia’ for fourth quarter of 2017

    Tuesday, February 27th, 2018

    ARKA news agency has released a fresh issue of its regular bulletin “The Insurance Companies of Armenia” for the fourth quarter of 2016

    USD denominated coupon bonds by Аrmbusinessbank listed on NASDAQ OMX Armenia

    Tuesday, February 27th, 2018

    Starting from February 27, 2018 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 press office of the stock exchange reported on Tuesday

    Nominal coupon bonds by National Mortgage Company placed at Nasdaq OMX Armenia

    Monday, February 26th, 2018

    On February 23, 2018 placement of nominal coupon bonds (NMCCB2I) issued by “National Mortgage Company” Refinancing Credit Organization CJSC (NMC RCO) took place at NASDAQ OMX Armenia

    Around $80.2 million bought by Armenian banks last week

    Monday, February 26th, 2018

    Armenia’s commercial banks bought around $80.2 million from the local foreign currency market on February 19 to 23 at the average weighted exchange rate of 480 drams per one USD, the Central Bank of Armenia reported on Monday

    Credit organizations of Armenia increased lending to 353.5 billion drams in 2017

    Friday, February 23rd, 2018

    Lending and leasing operations of Armenia-based credit organizations totaled 353.5 billion drams by the end of 2017, an increase of 27% or 74.5 billion drams from the previous years, according to ARKA news agency’s bulletin “Credit Organizations of Armenia” for the 4th quarter of 2017

    ACBA-CREDIT AGRICOLE BANK to help export Armenian herbal teas to Germany

    Friday, February 23rd, 2018

    The Yerevan-based ACBA-CREDIT AGRICOLE BANK said today it will show assistance to Armenian producers of herbal tea to start exports of their products to Germany

    Retail business’s credit portfolio of VTB Bank (Armenia) grew to 90 billion drams in 2017

    Thursday, February 22nd, 2018

    The retail business’s credit portfolio of the VTB Bank (Armenia) grew to 90 billion drams in 2017, Vladimir Verhoshinskyi, a member of the VTB Bank Management Board, said to a news conference today in Yerevan