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Daily Archives: Jun 29, 2015

Inflation in Armenia to be close to ceiling of projected range – 2.5-5.5% in 2015

Economy
In the context of limited influence of monetary influence and the lowering prices for energy resources, the annual inflation in Armenia will fluctuate close to the ceiling of the projected range - 2.5-5.5% in 2015

VTB Bank (Armenia) cardholders can automatically check their card account balance

Banks
VTB Bank (Armenia) has expanded the list of its remote services offering now its clients the opportunity to automatically check the status of their card accounts

Armenian banks should attract more financial resources from outside sources

Banks
Taking into account high interest rates on deposits, Armenian banks should attract more financial resources from outside sources, Samvel Chzmachyan, chairman of the Union of Banks of Armenia, told ARKA News Agency

Nearly $19.58 mln traded at NASDAQ OMX Armenia stock exchange last week

Capital market
The Central Bank of Armenia said nearly $19.58 mln was traded at NASDAQ OMX Armenia stock exchange from June 22 to 26, 2015

Armenia’s commercial banks purchase about $67.9 mln at intra-banking forex market last week

Banks
Armenian commercial banks purchased about $67.9 mln at a weighted average rate of 472.06 drams per $1 in intra-banking foreign exchange market on June 22 to 26, the press service of the Central Bank reported

Situation in Armenia’s banking sector to improve before end of this year – Araratbank head

Banks
Things in Armenia’s banking sector will improve before the end of this year, Ashot Osipyan, chairman of Araratbank’s board, told ARKA News Agency on Monday

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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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