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Daily Archives: Aug 13, 2013

Armenia’s Central Bank raises key benchmark refinancing rate to 8.5 percent

Armenia’s Central Bank said it has raised today its benchmark refinancing rate by 0.5 percentage point to 8.5%

Average exchange rate of USD NASDAQ OMX Armenia stock exchange drops to 407.06 drams

The average weighted exchange rate of U.S. dollar at NASDAQ OMX Armenia stock exchange was 407.06 drams today, August 13

Armenian Central Bank suspends temporarily HSBC Bank Armenia’s branch operation

The Central Bank of Armenia said its governor ruled on August 8 to temporarily suspend the operation of HSBC Bank Armenia Republican Square branch

Armenia’s Central Bank raises key refinancing rate by 0.5 percentage points to 8.5%

Armenia’s Central Bank has decided today to raise its key refinancing rate by 0.5 percentage points to 8.5%

Reso insurance company employs 2000 agents

Reso insurance company said employs highly professional 2000 corporate and individual agents in the capital city Yerevan and beyond it

Retained profit of Armenian credit organizations in the first six months of 2013 amounted to about 3.2 billion drams

The retained profits of Armenian credit organizations in the first six months of 2013 amounted to about 3.2 billion drams

Armenia: Foreign currency market review for the week August 5-9

Average weighted US exchange rate fell by 0.94% to AMD407.25 at NASDAQ OMX Armenia last week.

Armenia’s insurance companies posted 552.8 mln drams in net profit in 1st half of 2013

Armenia’s insurance companies posted 552.8 million drams in net profit as of the end of June 2013, an increase of 5.18% compared to the same period of the year before, according to ARKA’s “Insurance companies of Armenia” quarterly bulletin for Q2 2013