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Daily Archives: Aug 10, 2012

Hayastan all armenian fund opens banking account to help syrian armenians

Banks
Hayastan All Armenian Fund said it had opened a bank account for the Syrian Armenians following the initiative by one of Bureau of Trustees members, Armenia’s President Serzh Sargsyan

Libor needs to be replaced, say Sir Mervyn King

Banks
Libor has stopped working and should be replaced, said Sir Mervyn King, Governor of the Bank of England, the Daily Telegraph reports

Greek banks bid for Crédit Agricole unit

Banks
Crédit Agricole received offers Wednesday evening from three Greek banks for selling its local lossmaking subsidiary Emporiki Bank in a signal of disengagement from the country, FT.com reports

June’s mortgage loans total AMD 120.7 bln in Armenia

Banks
Mortgage loans allocated by the commercial banks of Armenia in June jumped by 3.3% to 120.7 billion drams from May, according to the data available on Armenian Central Bank’s website

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Armenia’s total state debt rose to $12.8 bln by December 2024.

Armenia's overall public debt as of December 31, 2024 amounted to $12,842,240,000, increasing by $274.4 million compared to November 30, 2024, the National Statistical Committee said.

Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Armenia’s SRC doesn’t see details of citizens’ transactions: committee head – on banking secrecy

“When we talk about access to bank secrecy of a person, we mean the amount of his/her transactions. There is no access to the details of the transactions,” the head of Armenian State Revenue Committee  (SRC) Eduard Hakobyan told  a parliamentary discussion today on the universal income declaration.

Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

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