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Daily Archives: Apr 14, 2011

In April CBA Will Place State (Treasury) Coupon Bonds In Total Amount Of 3 Billion Drams

In April, Armenian Central Bank will place short-term state treasury coupon bonds in the amount of 3 billion drams.

Individual money transfers from Russia to Armenia via banks in 2011 february grew by 16% to $66 million

Individual money transfers from Russia to Armenia via banks in 2011 February grew by 16% from January to $66 million, the Central Bank of Armenia said today in its monthly bulletin for February.

Pan-armenian bank implemented no investment program yet

A deputy governor of the Central Bank of Armenia said today the Pan-Armenian Bank did not implement an investment program in the country yet as the National Assembly was considering in the first reading a set of amendments to the Law on Pan-Armenian Bank, designed to address all issues concerning the composition of its Board and the possibility of issuing bonds to attract additional investment resources.

ADB to disburse first $50 million tranche to finance sustainable urban development project

Areg Barseghian, head of the Asian Development Bank (ADB) office in Armenia, said today the Manila-based bank will disburse the first trance to the tune of $50 million to finance ‘Armenia: Sustainable Urban Development’ investment program.

Conversebank’s outstanding credit portfolio grows by 7% to 45 billion drams

The outstanding credit portfolio of Armenian Conversebank has grown by 7% this year to 45 billion Drams, the bank’s executive director Tigran Davtian told journalists today.