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Government to encourage companies to enter IPO market

02.11.2018 16:19

Government to encourage companies to enter IPO market

YEREVAN, November 1. /ARKA/. The government will encourage companies to enter the IPO market, Armenia’s Acting Prime Minister Nikol Pashinyan told an extraordinary session of the parliament today.
In response to a lawmaker’s question whether it is possible to raise the threshold of insuring bank deposits he said the trust of customers in local banks is quite high, which was not affected even by the velvet revolution.’ Quite the contrary, he said, it even increased surprising international experts.

He said many people describe the banking system’s ability to survive the velvet revolution without shocks as ‘fantastic; moreover, confidence in banks is on the rise as well as the volume of deposits.

"Given the current trends, we considered the possibility of raising the deposit insurance threshold but decided to approach this issue differently. We are now searching for companies that will be ready to enter the IPO market," said Pashinyan, stressing that the government is ready to encourage such companies.

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Divisa.am becomes Nasdaq OMX Armenia market member and participant

16.10.2018 18:22

Divisa.am becomes Nasdaq OMX Armenia market member and participant

NASDAQ OMX Armenia stock exchange said it has authorized Divisa.AM as a market member and participant in the foreign currency market

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Swiss Swissquote bank to attract clients from Armenia

03.07.2018 16:24

Swiss Swissquote bank to attract clients from Armenia

The Swiss Swissquote bank said it will start attracting customers from Armenia. Its partner in Armenia is FTH (Financial Trading House) that officially represents Swissquote bank in the country

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Armenian banks bought $93.6 million last week

17.04.2018 15:37

Armenian banks bought $93.6 million last week

Armenian banks bought a total of $93.6 million at the local inter-bank forex market in a time span from April 9 to April 13 at the weighted average exchange rate of 481.97 drams per one USD, the Central Bank reported today

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Around $77.2 million bought by Armenian banks last week

10.07.2017 19:17

Around $77.2 million bought by Armenian banks last week

Armenia’s commercial banks bought around $77.2 million from the local foreign currency market on July 3 to 7 at the average weighted exchange rate of 479.44 drams per one USD, the Central Bank of Armenia reported on Monday

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$75.8 million bought by Armenian banks last week

25.04.2017 16:53

$75.8 million bought by Armenian banks last week

Armenia’s commercial banks bought around $75.8 million from the local foreign currency market on April 17 to 21 at the average weighted exchange rate of 484.48 drams per one USD, the Central Bank of Armenia reported on Monday

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Armenian banks bought $72.5 million last week

18.04.2017 17:44

Armenian banks bought $72.5 million last week

Armenian commercial banks bought a total of $72.5 million from the local intra-bank foreign currency market from April 10 to 14, the Central Bank reported today saying also that the weighted average exchange rate was 485.35 drams for $1

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Around $68 million bought by Armenian banks last week

10.04.2017 14:33

Around $68 million bought by Armenian banks last week

Armenia’s commercial banks bought around $54.5 million from the local foreign currency market on April 3 to 7 at the average weighted exchange rate of 483.57 drams per one USD, the Central Bank of Armenia reported on Monday

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Around $61.9 million bought by Armenian banks last week

13.03.2017 14:01

Around $61.9 million bought by Armenian banks last week

Armenia’s commercial banks bought around $61.9 million from the local foreign currency market on March 6 to 10 at the average weighted exchange rate of 485.53 drams per one USD, the Central Bank of Armenia reported on Monday

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Around $87.3 million bought by Armenian banks last week

06.03.2017 18:14

Around $87.3 million bought by Armenian banks last week

Armenia’s commercial banks bought around $87.3 million from the local foreign currency market on February 27 to March 3 at the average weighted exchange rate of 486.04 drams per one USD, the Central Bank of Armenia reported on Monday

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