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Daily Archives: Dec 24, 2009

Norvik intends to resume lending money

Loans
Norvik Universal Credit Organization intends to start offering new products on Armenian market in the first quarter of 2010.

Armenian Central Bank intends to place mid-term treasury government bonds worth AMD 1.5 billion

Banks
The Central Bank of Armenia intends to place AMGN60147141 mid-term treasury government bonds worth AMD 1.5 billion, the central bank’s press office reported on Thursday.

ARMENBROK investment company opens Forex division

Capital market
ARMENBROK investment company has announced the opening new divisions – international securities market division and Forex, the company’s press office reports.

EBRD to finance Saranist glass manufacturer in Armenia

Banks
The European Bank for Reconstruction and Development is lending $3 million to Saranist, an Armenian producer of glass bottles and jars, to help the company increase its production capacity and diversify its product range.

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Armenia’s total state debt rose to $12.8 bln by December 2024.

Armenia's overall public debt as of December 31, 2024 amounted to $12,842,240,000, increasing by $274.4 million compared to November 30, 2024, the National Statistical Committee said.

Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Armenia’s SRC doesn’t see details of citizens’ transactions: committee head – on banking secrecy

“When we talk about access to bank secrecy of a person, we mean the amount of his/her transactions. There is no access to the details of the transactions,” the head of Armenian State Revenue Committee  (SRC) Eduard Hakobyan told  a parliamentary discussion today on the universal income declaration.

Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

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