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Daily Archives: Jun 19, 2012

Araratbank plans IPO at NASDAQ OMX Armenia in Autumn

Armenian Araratbank is planning to conduct an IPO on the NASDAQ OMX Armenia stock exchange in late September or early October of this year

Black Sea trade and development bank to convene in Yerevan on June 21-24 for annual meeting

The Black Sea Trade and Development Bank (BSTDB) will convene in Yerevan on June 21-24 for its annual meeting, the Central Bank of Armenia said in a press release

Armenian commercial banks buy $86.4 million at local forex market on June 11-15

Armenian commercial banks bought a total of $86.4 million at the local forex market on June 11-15 at the average exchange rate of 413.08 drams per one USD, the Central Bank of Armenia told ARKA

Singapore’s economy strong, resilient to global shocks- Moody’s

Moody's Investors Service says Singapore has demonstrated a very high degree of resilience to global financial shocks, despite the openness of its economy and its dependence on global trade and finance, finanzen.net portal informs

USD purchasing/selling at NASDAQ OMX Armenia hit $15 mln last week

Total USD purchasing/selling at NASDAQ OMX Armenia stock exchange within June 11-15 slipped almost twice to nearly $15 million from last week, according to the data reported to ARKA by Armenia’s Central Bank on Tuesday

ARKA News Agency published “Insurance companies of Armenia” newsletter

ARKA News Agency published the regular quarterly newsletter “Insurance companies of Armenia” for the first quarter of 2012

Armenian insurers lost AMD 688.3 mln in I quarter

Net loss of Armenian insurance companies is over 688.3 million drams in the first quarter of 2012 against net income of 1.2 billion drams in the first quarter of a year earlier