Daily Archives: Jul 31, 2013

Armenia’s gross international reserves shrink 3.8% to $1605.7 million in June

Armenia’s gross international reserves totaled $1605.7 million in late June 2013 after shrinking 3.8% over the month, the Central Bank of Armenia reported today

Number of Armenian commercial banks’ clients grows 1.2% to AMD 1.76 million in May

The number of Armenian banks’ clients reached 1,768,146 by late May 2013 after growing 20.7%, compared with the same month a year before, and 1.2%, compared with the previous month, National Statistical Service of Armenia reports

Armenia’s monetary base fell by 7.8% to 659.2bln drams in June

Armenia’s monetary base dropped by 7.8% to about 659.2 billion drams in June against May, ArmStat reported based on the information from the Central Bank of Armenia (CBA)

Loan investments of Armenian banks surged 8% to AMD 1 660,8 bln in 2Q

Loan investments of the Armenian commercial banks rose by 8% in June from earlier this year to 1 660,8 billion drams

Bank of Cyprus large depositors to lose 47.5%, CypLive says

Write-offs to the uninsured portion of deposits in the Bank of Cyprus will be 47.5% - the funds will be converted into shares of the bank, said on Monday the deputy spokesman of the Government of Cyprus Victor Papadopoulos at a briefing in Nicosia, CypLive reported