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Daily Archives: Jun 8, 2015

Armeconombank announces 5 billion drams IPO

Banks
Armenian Armeconombank has launched a 5 billion drams IPO. The public offering and subscription to ordinary nominal shares of the bank was announced by Armenbrok investment company, chosen by the bank to act as the underwriter of the issue

Anelik Bank joins converse transfer payment system

Banks
Anelik Bank said today it has joined "Converse Transfer" payment system, which allows individuals to send and receive money transfers across Armenia and CIS countries in Armenian drams, US dollars, euros and Russian rubles without account opening

Aggregate loan portfolio of Armenia’s banks in Nagorno-Karabakh Republic built up17.7% to AMD 87973 million

Banks
The aggregate loan portfolio of Armenia’s banks in Nagorno-Karabakh Republic has grown 17.7% since early June 2014 to AMD 87973 million by early June 2015, the National Statistical Service of Nagorno-Karabakh Republic reports on its official website

Twelve-month inflation 5.1 % in May, Armenia’s statistical service says

Economy
Consumer prices index rose by 5.1% in Armenia in May 2015 compared to May 2014, the National Statistical Service (NSS) reported

Nearly $9.4 mln traded at NASDAQ OMX Armenia stock exchange last week

Capital market
The Central Bank of Armenia said nearly $9.4 mln was traded at NASDAQ OMX Armenia stock exchange from June 1 to 5, 2015

Armenia’s commercial banks purchase about $86 mln at intra-banking forex market last week

Banks
Armenian commercial banks purchased about $86 mln at a weighted average rate of 476.61 drams per $1 in intra-banking foreign exchange market on June 1 to 5

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Armenia’s total state debt rose to $12.8 bln by December 2024.

Armenia's overall public debt as of December 31, 2024 amounted to $12,842,240,000, increasing by $274.4 million compared to November 30, 2024, the National Statistical Committee said.

Stepan Gishyan charity starts accepting  applications for grants up to AMD 5 million for 2025

The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.

Armenia’s SRC doesn’t see details of citizens’ transactions: committee head – on banking secrecy

“When we talk about access to bank secrecy of a person, we mean the amount of his/her transactions. There is no access to the details of the transactions,” the head of Armenian State Revenue Committee  (SRC) Eduard Hakobyan told  a parliamentary discussion today on the universal income declaration.

Euro jumps 3.4 points to AMD 413.36

The average market exchange rate of the U.S. dollar to the Armenian dram on February 5, 2025, totaled AMD 396.58, down 0.13 points compared to February 4.

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