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Daily Archives: Mar 25, 2010

Some 70 ATMs in demand in Armenia every year

Some 70 ATMs are in demand in Armenia every year, Igor Kudrin, executive director of Lanit Russian company’s banking technologies division, said at a press conference on Thursday.

Dram/dollar exchange rate to range between 410 and 425 drams per dollar in 2010

Arsen Ghazaryan, chairman of the Union of Manufacturers and Businessmen of Armenia, finds the dram/dollar exchange rate ratio ranging between 410 and 425 drams per one dollar normal for 2010.

EBRD to present corporate governance code in April 2010 in Armenia

European Bank for Reconstruction and Development (EBRD) has accomplished development of a corporate governance code and will present it to Armenian companies, banks, regulating bodies and non-governmental organizations, Valeriu Razlog , head of EBRD Yerevan office said March 24 in Yerevan.

Armenian population’s deposits in drams reduce 22.8% in 2009

Armenian population’s dram deposits in banks reduced 22.8% from AMD 216.9 billion in the beginning of 2009 to AMD 167.5 billion later that year.

Converse bank revises service prices

Armenian Converse bank said it has revised prices of servicing its credit cards to make them more available to clients.