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    May 2018
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  • Archive for May 14th, 2018

    agRIF cooperatief U.A. acquires 10% OF IFC and DEG shares in Inecobank

    Monday, May 14th, 2018

    Armenia-based Inecobank has announced the completion of the acquisition of IFC and DEG shares in Inecobank by agRIF Cooperatief U.A. agRIF is managed by Incofin Investment Management

    Around $68.6 million bought by Armenian banks last week

    Monday, May 14th, 2018

    Armenia’s commercial banks bought around $68.6 million from the local foreign currency market on May 7 to 11 at the average weighted exchange rate of 485.38 drams per one USD, the Central Bank of Armenia reported on Monday