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Daily Archives: Nov 15, 2010

Armenia Reaches Considerable Progress In Developing Its Economy

Economy
Armenia has accomplished a great deal in developing its economy, said Daniel Rosenblum, Coordinator of U.S. Assistance to Europe and Eurasia.

Dollar slips 0.73 p.p. Against Armenian Dram

Exchange market
The U.S. dollar weakened by 0.73 p.p. against Armenian national currency on Monday, compared with Friday, and traded at 363.27 drams at Armenian forex.

Dollar Loses 0.58 p.p. At NASDAQ OMX Armenia Stock Exchange

Capital market
On Monday, the U.S. dollar lost 0.58 p.p. from its Friday’s value and traded at 362.34 drams at NASDAQ OMX Armenia Stock Exchange.

VTB Bank (Armenia) Offers New Credit Cards With Grace Credit Period

Banks
VTB Bank (Armenia) offered new products - Visa Classic Credit and Visa Gold Credit cards - to individuals, the bank’s press office reports.

Areximbank – Gazprombank group’s lending to Armenia’s industry sector reaches AMD 17 billion

Banks
Loans extended by Arexnimbank – Gazprombank Group to Armenia’s industry sector grew by AMD 16.6 billion over nine months of this year and reached more than AMD 17 billion by late September, the bank’s press office reports

HSBC Bank Armenia continues to build a greener business

Banks
On 14th November HSBC Bank Armenia staff and their families planted another 500 trees in Achapnyak community of Yerevan, together with Armenia Tree Project specialists.

Volume of credit funds, issued by Armenian crediting organizations to resident borrowers, grows to 76.3 billion drams

News
Volume of credit funds, issued by Armenian crediting organizations to resident borrowers, grows to 76.3 billion drams

Armenia’s Central Bank places one billion drams worth short-term government treasury bonds

Banks
Armenia’s Central Bank places one billion drams worth short-term government treasury bonds.

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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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