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Daily Archives: May 11, 2015

EBRD contributes to smooth development of Armenia’s financial system, central bank chairman

The European Bank for Reconstruction and Development (EBRD) has contributed greatly to the smooth development of Armenia’s financial system

EBRD provides $4 million for a pilot street lighting project for Yerevan

The European Bank for Reconstruction and Development (EBRD) is providing $4 million for a pilot project which will enable Yerevan

Non-performing loans in Armenia’s banking sector reach 8.3% in March as credit exposure shrinks 5%

The share of non-performing loans in the loan portfolio of Armenia’s banking sector rose 1.3 percentage points to 8.3% in March as credit exposure shrank 5% to AMD 1 893.7 billion, the Central bank of Armenia reports on its website

Areximbank-Gazprombank Group holds a special V-Day event

Areximbank-Gazprombank Group closed joint stock company has held a special event on the Victory Day, the bank’s press office reported

Armenian banks’ loan interest rates rise to 19.11% in March

Armenian banks’ loan interest rates rose by 2.85 percentage points to 19.11% in March 2015, and deposit rates increased by 4.26 percentage points to 15.21%

Nearly $2.4 mln traded at NASDAQ OMX Armenia stock exchange last week

The Central Bank of Armenia said nearly $2.4 mln was traded at NASDAQ OMX Armenia stock exchange from May 4 to 8, 2015

Armenia’s commercial banks purchase about $77 mln at intra-banking forex market last week

Armenian commercial banks purchased about $77 mln at a weighted average rate of 478.85 drams per $1 in intra-banking foreign exchange market on May 4 to 8, the press service of the Central Bank reported