Daily Archives: Dec 27, 2011

MP: diversification of national economy may help Armenia withstand double-dip crisis

The Armenian government’s measures taken to diversify the national economy may help the country withstand the double-dip crisis, Gagik Minasyan, chairman of the National Assembly’s financial and budgetary committee, said Tuesday at a news conference.

Armenian citizens choose to invest their money into deposits in foreign currency

In 2011 Armenian citizens chose to invest their free money into time deposits in foreign currency, which rose to the equivalent of 327.7 billion drams at the end of November, according to numbers unveiled by the Central Bank in a statement posted on its official website.

Volume of placed government bonds by CBA in Armenia was 687 million drams

Central Bank of Armenia on Tuesday placed 10-week AMGT10063129 short-term government bonds in the amount of 687 million drams.

Car Insures’ Bureau denies rumors that purchase of car insurance policy becomes optional in 2012

The Armenian Car Insures’ Bureau has denied today rumors that purchase of a car insurance policy becomes optional in 2012.

Combined lending of Armenian to resident economy grows by 2.5% to overall 1.1 trillion drams

Combined lending of Armenian to resident economy grows by 2.5% to overall 1.1 trillion drams.

Armenia: foreign currency market review for December 19-23

Last week U.S. dollar’s average exchange rate against Armenian dram at NASDAQ OMX Armenia stock exchange rose by 0.39% to 383.75 drams.

Inecobank signs $8 million loan agreement with DWM Asset Management to boost SME

Inecobank signs $8 million loan agreement with DWM Asset Management to boost SME.