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Monthly Archives: January, 2014

Armenian eurobonds begin trading at NASDAQ OMX Armenia exchange

On January 31, 2014 at a special ceremony held at NASDAQ OMX Armenia the launch of the Armenian Eurobonds trading at the exchange market was announced

Armenia’s monetary base grows 19% in December 2013

Armenia's monetary base grew 19% in December 2013, compared with the previous month, to AMD 888 billion, the National Statistical Service reports referring to the central bank's figures

Armenia’s total debt stood at $4.588.4 billion in late December 2013 -National Statistical Service

Armenia’s total debt stood at $4.588.4 billion in late December 2013, increasing by 0.8 percent or $35.5 million from the previous month, according to the National Statistical Service (NSS)

Bank VTB (Armenia) best in cooperating with financial ombudsman

Bank VTB (Armenia) has been recognized as best in cooperating with Armenia’s financial ombudsman office in 2013, the bank’s press office reported

Armenia’s gross international reserves total $2,253mln in December

Armenia’s gross international reserves amounted to $ 2,253 million in December 2013, an increase of 11.4% compared to November, the Central Bank of Armenia reports

Armenian insurance companies pay total of 2.3 billion drams in various taxes in fourth quarter last year – SRC

All seven insurance companies operating in Armenia appeared in the list of 1000 largest taxpayers in the fourth quarter of 2013 paying a total of 2.3 billion drams in various taxes

ACBA -CREDIT AGRICOLE BANK and VTB Bank (Armenia) named as best bank partners of office of financial ombudswoman

Armenia’s financial ombudswoman, Piruz Sargsyan, said today ACBA -CREDIT AGRICOLE BANK and VTB Bank (Armenia) were the agency’s best bank partners last year

ACBA-CREDIT AGRICOLE BANK starts raffling cards and Nissan Micra

ACBA-CREDIT AGRICOLE BANK cardholders participated Wednesday in the first round of a raffle of 100 cards worth 100,000 drams and a Nissan Micra

Armenia-based banks pay 37.7 billion drams in various taxes in 4th quarter of 2013 -SRC

All 21 Armenia-based commercial banks appeared to be in the list of the 1000 largest taxpayers in the fourth quarter of 2013

Reduced government bond yield to change bank rate in Armenia – Minister

Reduced yield on government bonds will lead to changes in Armenia’s bank rates, Armenia’s minister of finance David Sargsyan told a press conference Wednesday

Armenian euro bond yield down to 5.8% – Minister

Yield of Armenian euro bonds has been declining since September 2013 and is 5.85-5.8% now, as compared to 6.25% in September, Armenia’s minister of finance David Sargsyan told a press conference Wednesday

Minister: no decision for selling precious metals from state depository

On Wednesday, Armenian Finance Minister David Sargsyan, denying media reports that the government is selling precious metals and stones from the State Depository for Precious Metals