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Daily Archives: Mar 12, 2014

Armenian payment cards used outside the country to make 6.3 billion drams worth transactions in January

Armenian banks-issued payment cards were used outside the country to make 6.3 billion drams worth transactions in January, an increase of 44.7 % over the previous month, the Central Bank of Armenia

US dollar rises 0.04 percentage point to 414.19 drams today

The average exchange rate of U.S. dollar rose by 0.04 percentage point today from March 11 at the local forex market to 414.94 drams, the Central Bank said

Non-performing loans and decommissioned assets of Armenian banks stood at 5.55 % in January

Non-performing loans and decommissioned assets of Armenian banks in January 2014 stood at 5.55 %, up 1.54 percentage points from December 2013, the Central Bank of Armenia says in a statement posted on its website

Areximbank – Gazprombank group issued 102,000 international payment cards since 2002

Areximbank - Gazprombank Group has issued some 102,000 international payment cards since 2002, according to its deputy CEO Ruben Khachatryan. In 2013 alone the Russian-owned bank issued 12,000 VISA payment cards, Khachatryan was quoted as saying in a press release

Armenian banks’ lending to resident companies Shrinks 0.9% to AMD 1727.9 billion in January 2014

YEREVAN, March 12. /ARKA/. The aggregate lending provided by Armenia’s commercial banks to residents contracted by 0.9% in January...

Total investments in Armenian government bonds increased by 0.3 percent in January 2014 to 275 billion drams – Central Bank

Total investments in Armenian government bonds increased by 0.3 percent in January 2014 from 2013 December to 275 billion drams, according to the Central Bank of Armenia

Private remittances to Armenia in January up almost 20 percent year-on-year to $99.6 million

More than $99.6 million were remitted to Armenia in January 2014 through banks by individuals for non-commercial purposes, the Central Bank of Armenia said in its monthly bulletin for January