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Daily Archives: Nov 8, 2010

New Office Of The Branch Of Armenian Credit Organization “Finca” Will Open On November 12 In Ashtarak

Opening ceremony of the new office of Universal Credit Organization (UCO) “Finca” will take place on November 12 in Ashtarak.

Cba Registered New Branch of Armbusinessbank “Nor Hachn”

Armenian Central Bank registered new branch of CJSC “Armbusinessbank” – “Nor Hachn”. This decision was carried out by the Head of CB Armenia.

Armenian Banking Sector’s Year-On-Year ROA 2.29% In 3rd Q 2010

Armenian banking sector’s year-on-year return on assets (ROA) was 2.29% in the third quarter of this year against 2.13% by June 30, 2010.

Weighted Average Rate Of Armenian Dram to US Dollar Is 362.99 for $1 on November 8, 2010

YEREVAN, November 8. /ARKA/. Mid-market rate of Armenian dram to US dollar in the stock market of Armenia increased...

Central bank of Armenia auctions one billion drams worth short-term government treasury bonds

The Central Bank of Armenia said it has auctioned today one billion Drams worth short-term government treasury bonds of AMGT26095115 series with a 26-week maturity period.

EBRD Yerevan office head says Central bank able to secure projected inflation rate

Valeriu Razlog, head of the European Bank for Reconstruction and Development (EBRD) Yerevan Office, said today the Central Bank of Armenia is able to secure the projected inflation rate of 4% (±1.5%) for 2010.

Combined credit investments of Armenian banks in local economy grow to 805.6 billion drams

The combined credit investments of Armenian commercial banks in the local economy grew by 3.3% (or by 25.9 billion Drams) in September as opposed to August to stand at 805.6 billion Drams, according to a monthly bulletin of Armenia’s Central Bank for September 2010, posted on its official website.