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Monthly Archives: May, 2011

Total assets of Сentral bank of Armenia increase by 0.54% in quarter one

Total assets of the Central Bank of Armenia (CBA) increased by 0.54% (5 billion drams) in the first quarter of this year, to 929,621,721,000 drams, according to CBA’s financial report for the first three months of 2011.

Armenia’s gross international currency reserves slash by 5%

Armenia’s gross international currency reserves slashed by 5% (or $93.7 million) in April from the beginning of the year, to $1.765.3 billion.

Donations to Hayastan All Armenian Fund via Visa plastic card to become possible soon

Ara Vardanyan, executive director of the fund, speaking Tuesday at the 20th session of the fund trustees’ board, said it would be possible to transfer donations to Hayastan All Armenian Fund by using Visa plastic cards.

Armenian 2011 may inflation grows by 9% year-on-year

Armenian 2011 may inflation grows by 9% year-on-year.

Anelik Bank relocates its head office

Anelik Bank’s press office reported Tuesday about relocation of the bank’s head office.

Armenian insurance companies’ liabilities total AMD 14.8 billion in late March

Armenian insurance companies’ liabilities totaled AMD 14.8 billion in late March after growing 18.27% or by AMD 2.3 billion over the first quarter of this year.

Prices for precious metals up in Armenia

Prices for precious metals up in Armenia.

Director general of NASDAQ OMX Armenia stock exchange leaving office

Armen Melikyan, director general of NASDAQ OMX Armenia Stock Exchange, intends to leave his post on July 1.

Volume of transactions with securities at Nasdaq OMX Armenia in 2011 April drops four times from March

Volume of transactions with securities at Nasdaq OMX Armenia in 2011 April drops four times from March.

Individuals and individual entrepreneurs’ time deposits in Armenian banks grow 8.6% to AMD 329.5 billion

Individuals and individual entrepreneurs’ time deposits in Armenian banks grew 8.6% over the first quarter of this year reaching AMD 329.5 billion by late March.

Combined capital of Armenian insurance companies increases by 20.5%

The combined capital of Armenian insurance companies increased by 20.5% in the first quarter of 2011 (2.3 billion drams) to 13.7 billion drams as of March 31, 2011.

Armenian Ameriabank awarded ifc GTFP award 2010

The International Financial Corporation (IFC) awarded Armenian Ameriabank GTFP Award 2010 prize recognizing it as the most active issuing bank in the South Caucasus within the frameworks of its Global Trade Financing Program (GTFP).