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Daily Archives: Mar 25, 2013

The number of Converse Bank plastic cards increase 90 percent in 2012

The number of plastic cards, issued by Armenian Converse Bank to its customers in 2012 increased by 90% from the previous year to a total of 100 thousand, according to its chief executive officer Tigran Davtian

Total assets of seven Armenian insurance companies grew last year by 35 percent to over 38. 3 billion drams

The combined total assets of seven Armenian insurance companies grew last year by 35 percent from 2011 to over 38. 3 billion drams, according to the Bulletin of the Central Bank ofArmeniafor the 4th quarter of 2012.

Short-term Government treasury bonds worth 1.5bln drams issued Armenia’s Central Bank

Armenia’s Central Bank placed short-term government treasury bonds of AMGT13246135, AMGT26239135 and AMGT3923C133 series worth a total of 1.5bln drams (500mln drams each) on March 25, the Bank’s press service reported. The redemption period is 13 weeks, 26 weeks and 39 weeks respectively

Gold price rises in Armenia

The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, has set new prices for government agencies to buy and sell precious stones and metals which are effective for this week. The new prices are for one gram of chemically pure metals

Nearly $22 mln traded at NASDAQ OMX ARMENIA stock exchange last week

The Central Bank of Armenia said Monday nearly $22 million was traded at NASDAQ OMX Armenia stock exchange from 18 to 22 March. A week earlier it stood at $11.3 million

Armenian commercial banks obtained over $101.2 mln last week

Armenian commercial banks purchased over $101.2 million at an average weighted rate of 415.84 drams per $1 from 18 to 22 March in intra-banking market of foreign currency, the press service of Armenia’s Central Bank reports on Monday