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Daily Archives: Mar 6, 2014

Government- approved bill extends protection of deposits to corporate customers

The Armenian government has approved today a bill motioned by lawmaker Hrant Bagratyan from the oppositional Armenian National Congress

Armenia’s national currency continue to lose its value despite Central Bank’s efforts

Armenia’s national currency, the dram, was showing a clear devaluation trend in January and February this year, despite all the efforts of the Central Bank to hold it back

CIS banks request Russian transfer systems to provide guarantees

After “Migom” Russian money transfer system has collapsed, banks of CIS countries doubt reliability of their Russian partners. A major Uzbek bank