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Daily Archives: Jul 15, 2013

HSBC named best bank in Armenia by euromoney

HSBC Bank Armenia cjsc has been named Best Bank in Armenia at this year's EUROMONEY Awards for Excellence, the bank’s press office reported on Monday

Gold price rises 0.76 percent in Armenia to 15,268.40 drams

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

Armenia: Forex Market review for July 9 -13

Last week, the cost of U.S. dollar at NASDAQ OMX Armenia stock exchange fell by 0.63% to 409.53 drams as the weekly trading rose to $8.84 million, 2.27 times more than the previous week. The drop in the value of the greenback was primarily due to reduced demand by businesses and individuals

Converse bank sponsored exhibition & presentation of painter Artur Sargsyan

Converse bank said Monday it had sponsored the exhibition and presentation of the works by modern painter Artur Sargsyan

Armenia’s Central Bank auctions short-term government treasury bonds worth of 95 million dram

Armenia’s Central Bank said Monday it had auctioned short-term government treasury bonds worth of 95 million drams of AMGT26131142 issue with a 26-week maturity period

Idle assets of Armenia’s Commercial Banks hit 5.69% in May 2013

The portion of idle and written- off assets of Armenia’s residents inched up by 0.38 p.p. in May from April to 5.69%, the Central Bank said Monday

All deposits in Armenia’s banks valued at over AMD 1 364,7 bln in May, 2.4% up

All deposits in Armenian commercial banks rose in May by 2.4% from April to 1 364,7 billion drams, according to the Central Bank of Armenia

Armenian Commercial Banks purchased over $104.5 mln last week

rmenian commercial banks purchased over $104.5 million at an average weighted rate of 410.26 drams per $1 from July 9 to 13 in intra-banking market of foreign currency

Metal market: optimism is back to gold and copper markets

Gold prices reached record two-week high of 1,298.79 USD per troy ounce last week. The highest increase was demonstrated on Wednesday, July 10

ACBA ON-LINE clients can apply online for their account details

ACBA ON-LINE clients can now apply for account details online, ACBA-CREDIT AGRICOLE BANK reported Monday