Daily Archives: Oct 1, 2010

European Fund For Southeast Europe Provides First Loan Of Usd 5 Million To Araratbank

The European Fund for Southeast Europe (EFSE) has provided its first loan of USD 5 million to ARARATBANK , a privately-owned Armenian Bank set up in 1991.

Weighted Average Of Us Dollar Rate In NASDAQ OMX Armenia As Of October 30, 2010 Was 361.03 Drams For $1

Weighted average of US dollar rate by transactions in NASDAQ OMX Armenia as of October 1, 2010.

Weighted Average Rate of Armenian Dram to Us Dollar Is 361.08 For $1 on October 1, 2010

Mid-market rate of Armenian dram to US dollar in the stock market of Armenia reduced by 0.23 points on October 1.

Some $60.5 Million worth Buy And Sell Deals in USD Effected At NASDAQ OMX in September

A total of $60.5 million (an equivalent of 21.9 billion Armenian Drams) worth buy and sell deals in USD were effected at NASDAQ OMX Armenia stock exchange in September.

Armenian Banks’ Clients Contract by 106,600 In July

The overall number of Armenian banks’ clients contracted by 106,600 in July to a little over 1 million, the National Statistical Service said.

Armenian Banks Buy $75.6 Million At Local Foreign Exchange Market Sept 27 – Oct 1

Armenian commercial banks have bought a total of $75.6 million at the local foreign exchange market on September 27- October 1

EBRD to Provide $6 Million Loan to Anelik Bankik

EBRD will provide Armenian Anelik Bank with a $6 million loan for on-lending to small and medium businesses.

Armenia’s domestic trade turnover grows 4.5% to AMD 1000.2 billion in Jan-Aug 2010

Armenia’s domestic trade turnover totaled AMD 1000.2 billion in Jan-Aug 2010 (4.5% year-on-year growth).

Armenian banks’ aggregate credit portfolio grows 2.3% to AMD 792 billion

Armenian banks’ aggregate credit portfolio grew 2.3% or by AMD 17.7 billion over August reaching AMD 792 billion by the end of the month.