Interest rates on deposits in USD offered by Armenia-based commercial banks are significantly lower than the rates on deposits in the national currency, the dram. According to the Central Bank
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Archive for April, 2018
VTB Bank (Armenia) customers able to set banking cards’ PIN codes by themselves
Thursday, April 5th, 2018The VTB Bank (Armenia) said today that the PIN codes of plastic cards issued by VTB Bank (Armenia) are provided to customers via SMS messages instead of paper carriers
3.3% inflation recorded in Armenia in 1st Q 2018
Thursday, April 5th, 2018Consumer prices in Armenia went 3.3% up in Jan-March 2018, compared with the same period a year before, the National Statistical Service of Armenia reports
Armenian hybrid banknote recognized as Best Banknote of the Year
Wednesday, April 4th, 2018A hybrid collectible banknote ‘Noah’s Ark’ issued by Armenia’s Central Bank was named the “Best Banknote of the Year in the Region” at the High Security Printing EMEA (Europe, Middle East, Africa) conference
Around $90 million bought by Armenian banks last week
Tuesday, April 3rd, 2018Armenia’s commercial banks bought around $90 million from the local foreign currency market on March 26 to 30 at the average weighted exchange rate of 479.52 drams per one USD, the Central Bank of Armenia reported on Monday
Bureau of car insures reports dramatic rise in all indicators
Tuesday, April 3rd, 2018The Armenian Bureau of Car Insurers saw a 30-40% rise in all indicators in 2017, including the number of insurance cases, the head of the Bureau Vahan Avetisyan told a news conference today
USD-denominated coupon bonds by Araratbank listed on NASDAQ OMX Armenia
Tuesday, April 3rd, 2018Starting from April 03, 2018, coupon bonds with total nominal value of 8 MUSD issued by “ARARATBANK” OJSC have been listed on NASDAQ OMX Armenia and included in the bonds’ Main Abond list, the stock exchange said
Masked robber steals 6 million drams from a credit organization in Yerevan
Tuesday, April 3rd, 2018Armenian police said they are searching for a man who robbed an office of Fast Credit Capital credit organization in Yerevan’s Avan administration district on Monday evening
EBRD engages in reverse repo transaction with ArmSwissbank
Tuesday, April 3rd, 2018The European Bank for Reconstruction and Development (EBRD) has engaged in its first reverse repo transaction in Armenia with Armswissbank, one of the leading banks in the country
USD denominated coupon bonds by Unibank listed on NASDAQ OMX Armenia
Tuesday, April 3rd, 2018Starting from April 03, 2018, coupon bonds with total nominal value of 5 MUSD issued by “UNIBANK” OJSC will be listed on NASDAQ OMX Armenia and included in the bonds’ Main Abond list, the press office of NASDAQ OMX Armenia reported on Tuesday
