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Daily Archives: Mar 18, 2014

Ministry of finance turns down all bids for medium-term government bonds

Armenian Ministry of Finance has turned today down all the bids submitted for medium-term government (Treasury ) bonds in the amount of from 2 to 4 billion drams, the Central Bank said

Russian Central Bank revokes licenses of three banks and one money transfer system

Russia s Central Bank said today it has revoked the licenses of three small Moscow-based banks

VTB Bank (Armenia) joins Sigue Money Transfer system

Starting from March 18, 2014 customers of VTB Bank (Armenia) can use the Sigue Money Transfer system to send and receive money to / from 145 countries in U.S. dollars and euros without account opening, the Russian-owned bank said in a news release

Buffet: stay away from bitcoin

In an interview with CNBC last Friday, legendary investor and multi-billionaire Warren Buffett described bitcoin as “a mirage” because of his view that the crypto-currency’s intrinsic value as a means of payment is grossly overhyped, vestifinance.ru reported