Mon, 28 April
18.1 C
Yerevan
USD: 389.46 RUB: 4.73 EUR: 441.92 GEL: 141.70 GBP: 519.38
spot_img

F.I.C.O. Universal Credit Organization admitted as market participant of NASDAQ OMX Armenia stock exchange

YEREVAN, December 24, /ARKA/. Effective from 23.12.2010, F.I.C.O. Universal Credit Organization was admitted as a market participant of NASDAQ OMX Armenia stock exchange. Market participant status will provide the company with access to the exchange foreign currency market.

F.I.C.O. was registered September 14, 2010. According to ARKA data, as of September 30 its assets totaled

197.8 million Drams, liabilities – 1.1 million Drams and the total capital – 196.7 million Drams.

NASDAQ OMX Armenia is the new name of the Armenian Stock Exchange ojsc (renamed on January 27, 2009), however, it is also used to refer jointly to the stock exchange and the Central Depository of Armenia (CDA), as the both companies have been members of the NASDAQ OMX Group, Inc. since early 2008.

NASDAQ OMX Armenia and the CDA are the major securities market infrastructure institutions in Armenia. Since their inception in 2000, both companies had operated as self-regulatory organizations established by member broker companies, up until demutualization in 2007. NASDAQ OMX Armenia is a part of the world’s largest exchange company, the Nasdaq OMX Group. Inc. .($1 – 360.07 Drams). -0-

spot_img

POPULAR

Draft law on crypto assets to be submitted to Armenian parliament in coming weeks – Deputy Chairman of Central Bank

The draft law on crypto assets, developed by the Central Bank of Armenia in the context of European norms, will be submitted to the Armenian parliament in the coming weeks, said Deputy Chairman of the Central Bank Armen Nurbekyan.

Armenia discusses bankruptcy reforms with ADB and AFD

Reforms of Armenian legislation in the field of bankruptcy were discussed at a meeting between Deputy Minister of Justice of Armenia Tigran Dadunts and representatives of the Asian Development Bank (ADB) and the French Development Agency (AFD).

US dollar, euro and ruble up against dram

The average market exchange rate of the U.S. dollar to the Armenian dram at the end of March 14, 2025, amounted to 392.34 drams, up 0.6 points compared to March 14.

Ministry of Economy and  IMF delegation discussed Armenia’s economic diversification, export strategy

Yesterday, Armenian Economy Minister Gevorg Papoyan received a delegation led by Iva Petrova, head of the International Monetary Fund (IMF) mission in Armenia.

Armenia may access $25 mln from the IMF under the SBA agreement in June

An International Monetary Fund (IMF) team led by Iva Petrova visited Yerevan from March 31 to April 10, 2025, to conduct discussions for the fifth review under the Stand-By Arrangement (SBA) with Armenia.

LATEST NEWS

spot_imgspot_imgspot_img