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Daily Archives: Jul 12, 2013

VTB Bank (Armenia) offers remittances via Intel Express

Banks
VTB Bank (Armenia) said today it has joined Intel Express international money transfer system

Arka News Agency releases 2nd Q 2013 press ratings of banks

Banks
ARKA News Agency has released a recurrent press rating of banks for the first quarter 2013

Areximbank-Gazprombank Group has reliable mechanisms to protect its clients’ savings from currency risks

Banks
Areximbank-Gazprombank Group has reliable mechanisms to protect its clients from foreign exchange exposure, said Narine Sargsyan, chief of financial market operations division at the bank

Three major insurers of Armenia paid over AMD 2.9mln in mandatory car insurance compensations in Jan-May

Insurance
The three major insurers of Armenia paid about 2. 979 million drams in mandatory car insurance compensations within January-May, Armenian Car Insurers Bureau reports Friday

Dow Jones, S&P 500 in record territory

Capital market
The Dow Jones industrial average and S&P 500 both closed Thursday with record highs after remarks by Federal Reserve Chairman Ben Bernanke that seem to indicate a continued stimulus

ArmBanks.am - ARKA News Agency financial-banking portal
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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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