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Daily Archives: Jun 9, 2017

Additional auction of 4.2 billion drams worth government bonds conducted at NASDAQ OMX Armenia

Capital market
An additional auction of long-term Armenian government bonds to the tune of 4.2 billion drams was conducted at NASDAQ OMX Armenia stock exchange

VTB Bank (Armenia) to notify customers by SMS their cards ready for picking up

Banks
VTB Bank (Armenia) has launched today a new service designed for notifying its customers by SMS that their new and re-issued payment and other banking cards are ready to pick up

Economic activity in Armenia expected to keep growing in 2nd Q 2017 – Eurasian Development Bank

Economy
The dynamics of indicators gives the Eurasian Development Bank’s analysts grounds for forecasting short-term favorable prospects for Armenia’s economy

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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.

Loans show faster growth than deposits in December – Finance Ministry

Financial intermediation by the Armenian banking system in December 2024 continued to outpace economic activity, also characterized by a higher growth rate of loans compared to deposits, according to the Armenian Ministry of Finance's report titled "Review of Macroeconomic Developments. December 2024." Unlike December 2023, the growth in loan volumes (24.2%) exceeded the growth in deposit volumes (13.9%).

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