Interest rates on loans provided by Armenian commercial banks have decreased, Prime Minister Nikol Pashinyan said at a press conference in Vanadzor on Monday
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Archive for September, 2019
Interest rates on Armenian banks' loan drop, Pashinyan says
Tuesday, September 17th, 2019One billion AMD and 10 million USD. Converse Bank listed bonds on Armenia Securities Exchange
Friday, September 13th, 2019YEREVAN, September 13, /ARKA/ On September 12 the AMX opening bell rang for Converse Bank’s bonds listed (AMCOVSB28ER6 and AMCOVSB29ER4) on the Abond list of the securities exchange. The bank said the total volume of AMD-denominated bonds was 1 billion AMD that was issued with 9.75% coupon yield and 36 month-maturity period. The bank will […]
Hasmnik Ghaghramanyan elected as new member at Armenian central bank's board
Friday, September 13th, 2019YEREVAN, September 13. /ARKA/. The National Assembly of Armenia elected Thursday Hasmnik Ghaghramanyan as a new member of the board of the Central Bank of Armenia by 103 MPs voted for her candidacy and three against – 106 of the 132 members of the parliament took part in the vote. Hasmik Ghaghramanyan was born in […]
Armenian government approves amendments to laws on criminal procedure and bank secrecy
Friday, September 13th, 2019YEREVAN, September 12. /ARKA/. The Armenian government approved today a set of amendments to the laws on Criminal Procedure and Bank Secrecy, which provide for the disclosure of customers bank information. First Deputy Minister of Justice Rafik Grigoryan said under the current law law-enforcement agencies can require and get customer bank information only if they […]
Armenian Central Bank issues commemorative coins dedicated to EEU anniversary
Friday, September 13th, 2019YEREVAN, September 12. /ARKA/. The Central Bank of Armenia has issued 500 silver commemorative coins dedicated to the fifth anniversary of the Eurasian Economic Union (EEU). The face value of a coin is 1,000 drams, it said in a news release. The obverse of the coin depicts the emblem of the Republic of Armenia, as […]
Fraudsters stole 20 million drams from credit organization in Yerevan
Wednesday, September 11th, 2019YEREVAN, September 11. /ARKA/. Fraudsters stole 20 million drams from a credit organization in Yerevan. the Armenian police said. According to the police, a group of people received from the organization about 20 million drams placing as collateral vehicles registered in the names of other persons (not owners). The police said that the cars were […]
EDB: Armenian economy speeds up growth
Wednesday, September 11th, 2019YEREVAN, September 11. /ARKA/. Armenia’s economic activity index increased by 8.1% in July 2019 as opposed to the same month of 2018. Compared with June 2019, the figure upped by 3.4%, the Eurasian Development Bank (EDB) said. Konstantin Fedorov, head of an EDB unit, in charge of economic analyses, said the growth could have been […]
Armenia's debt shrinks thanks to effective spending of public means
Wednesday, September 11th, 2019YEREVAN, September 11. /ARKA/. Armenia’s public debt has shrunk, Armenian Prime Minister Nikol Pashinyan reported Wednesday on his Facebook page. This is the first time since 2015 the country accounts for reduction of its public debt, he says. Although the reduction of the public debt is not goal in itself, he says, but effective spending […]
Armenia to issue USD-denominated Eurobonds
Wednesday, September 11th, 2019YEREVAN, September 11. /ARKA/. Armenia has arranged a series of meetings with investors in the United States and London, which will start from September 12 and may be followed by emission of USD-denominated 10-to-15-year Eurobonds, Reuters reports referring to IFR. According to the report, Citigroup and JP Morgan are set to be lead managers and […]
