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Around $73.28 million bought by Armenian banks last week

25.09.2017 17:09

Around $73.28 million bought by Armenian banks last week

YEREVAN, September 25. /ARKA/. Armenia’s commercial banks bought around $73.28 million from the local foreign currency market on Septemebr 19 to 23 at the average weighted exchange rate of 477.40 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 10.1 million euros and 1.46 billion Russian rubles at the average weighted exchange rates of 570.18 and 8.21 drams per one euro and one ruble respectively.

The banks also sold about $80.4 million, € 12.7 million and 423.4 million rubles at average weighted exchange rates of 478.90, 574.78 and 8.31 drams respectively.

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HSBC bank offers financing for purchase of new equipment

20.09.2017 09:49

HSBC bank offers financing for purchase of new equipment

HSBC Bank Armenia said today it is providing trade financing for the purchase of new equipment at a historically low rate of 4%

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World Bank funded $2.3 billion worth projects in Armenia over 25 years

11.09.2017 20:55

World Bank funded $2.3 billion worth projects in Armenia over 25 years

Ninety-five projects have been implemented in Armenia over the last 25 years with the assistance of the World Bank, worth $2.3 billion. Today, the bank’s credit portfolio in Armenia is $620 million, according to a statement placed on the official website of the Armenian government

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Armenian banks bought $69.2 million last week

11.09.2017 20:44

Armenian banks bought $69.2 million last week

Armenian commercial banks bought a total of $69.2 million from the local intra-bank foreign currency market from September 4 to September 8 at the weighted average exchange rate of 477.51 drams for $1, the press service of the Central Bank reported

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Modernization of ATMs for new banknotes to take no much money – Armenian central bank

25.07.2017 16:22

Modernization of ATMs for new banknotes to take no much money – Armenian central bank

Modernization of ATMs of Armenia’s commercial banks will need no considerable financial resources when new banknotes appear, David Nahapetyan, Secretary General of the Central Bank of Armenia, said in an interview with Novosti-Armenia

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Armenian entrepreneurs prefer bank deposits to investment in real economy – economist

18.07.2017 18:00

Armenian entrepreneurs prefer bank deposits to investment in real economy – economist

Armenian business people prefer bank deposits to investment in the real economy, Artak Manukyan, an economist, told reporters on Monday

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ACBA-CREDIT AGRICOLE BANK shares its experience at Caucasus SME Banking Club 2017 conference

19.06.2017 21:55

ACBA-CREDIT AGRICOLE BANK shares its experience at Caucasus SME Banking Club 2017 conference

Participating in the Caucasus SME Banking Club Conference 2017 in Tbilisi, Georgia, on May 24-25, the Yerevan-based ACBA-CREDIT AGRICOLE BANK

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Armenian bank deposits reach 2.4 trillion drams

03.02.2017 18:59

Armenian bank deposits reach 2.4 trillion drams

In late December 2016 total deposits in Armenian commercial banks amounted to 2.413 billion drams, by 23.7% or 462.2 billion drams more than in late December 2015, according to the Central Bank of Armenia

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Over $74.7 million bought by Armenian banks last week

19.09.2016 21:08

Over $74.7 million bought by Armenian banks last week

Armenia’s commercial banks bought more than $74.7 million from the local foreign currency market on September 12 to 16 at the average weighted exchange rate of 473.24 drams per one USD, the Central Bank of Armenia reported on Monday

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Armenian banks bought $67 million at local forex market on September 5-9

13.09.2016 18:18

Armenian banks bought $67 million at local forex market on September 5-9

Armenian commercial banks bought a total of $67 million at the local forex market on September 5-9 at the weighted average exchange rate of 473.78 drams per $1, the Central Bank said today

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