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SRC: All organizations providing financial services should be under Central Bank of Armenia control

05.04.2019 09:48

SRC: All organizations providing financial services should be under Central Bank of Armenia control

YEREVAN, April 4. /ARKA/. All organizations providing financial services should be under the control of the Central Bank of Armenia, David Ananyan, the head of the State Revenue Committee (SRC), told journalists on Wednesday. According to the government-proposed changes, the annual duty on running a pawnshop is to increase from the current 100 thousand drams (about $204) to 6 million drams (about $12 thousand), and for money exchange offices -from the current 50,000 drams ($102) to 3 million drams (about $6.1 thousand ).

The decision is opposed by the Union of Currency Dealers, which argues that it would force 80% of money exchange offices to shut down “The state duty on pawnshops in the amount of 100 thousand drams has not been revised over the last 20 years. They should also be aware that the income tax should be reduced from 20% to 18%,” he said.

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Armenian central bank’s interventions amount to $100 million

31.10.2017 11:12

Armenian central bank’s interventions amount to $100 million

Armenia’s Central Bank’s intervention in the local foreign exchange market since the beginning of the year has amounted to $100 million so far, Arthur Javadyan, chairman of the Central Bank, told journalists on Monday

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Central bank of Armenia introduces online training for prevention of money laundering and terrorism financing

07.04.2017 16:55

Central bank of Armenia introduces online training for prevention of money laundering and terrorism financing

At the initiative of the Financial Monitoring Center Armenia’s Central Bank has introduced an online training system that provides information on combating money laundering and financing of terrorism

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Armenian central bank auctions 4 billion drams worth short-term government bonds

28.12.2016 13:08

Armenian central bank auctions 4 billion drams worth short-term government bonds

The Central Bank of Armenia auctioned December 26 some 4 billion drams worth short-term government bonds of AMGT08202179 issue with a maturity period of 8 weeks

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Armenian central bank cuts refining rate for eighth times this year

27.12.2016 18:38

Armenian central bank cuts refining rate for eighth times this year

Armenia’s Central Bank said today it had cut its refinancing rate to 6.25 percent from 6.5 percent

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Armenian central bank auctions 7.2 billion drams worth short-term government bonds

27.12.2016 18:14

Armenian central bank auctions 7.2 billion drams worth short-term government bonds

Armenia’s Central Bank said it had auctioned December 26 a total of 7.2 billion drams in two issues of short-term government bonds – AMGT13273173 issue with a maturity of 13 weeks and 7.2717% weighted average yield and AMGT26266172 issue with a maturity of 26 weeks and 7.2400% weighted average yield

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Armenian central bank auctions short-term government bonds worth AMD 3 billion

27.12.2016 14:57

Armenian central bank auctions short-term government bonds worth AMD 3 billion

The Central Bank of Armenia has auctioned 26-week AMGT26236175 government bonds worth AMD 3 billion, the regulator’s press office reported on Tuesday

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Nerses Yeritsyan reappointed as deputy chairman of Armenian central bank

22.12.2016 12:45

Nerses Yeritsyan reappointed as deputy chairman of Armenian central bank

Serzh Sargsyan, Armenian president, signed a decree on Wednesday extending the term of Nerses Yeritsyan, deputy chairman of the Central Bank of Armenia, in office for other six years

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Armenian regulator auctions two issue of midterm and short-term government bonds worth AMD 5 billion

21.12.2016 17:50

Armenian regulator auctions two issue of midterm and short-term government bonds worth AMD 5 billion

The Central Bank of Armenia auctioned Tuesday two issues of short-term and midterm government bonds totaling AMD 5 billion

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Armenian central bank auctions short-term government bonds worth AMD 3 billion

12.12.2016 14:33

Armenian central bank auctions short-term government bonds worth AMD 3 billion

The Central Bank of Armenia auctioned Friday 26-week AAMGT26096173 government bonds worth AMD 3 billion, the press office of the central bank reports

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