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Monthly Archives: January, 2016

U.S. dollar rises by 0.27 points over Armenian dram

The average market value of US dollar has grown today by 0.27 percentage points over the Armenian national currency from January 26 to 488.75 drams, the Central Bank said

Ararat Bank named by Global Finance as the best trade-financing bank of Armenia

Global Finance Magazine has singled out Araratbank as the best trade-financing bank of Armenia, the press office of the bank reported on Thursday

Armenia-based insurance companies among largest 1000 corporate taxpayers in 2015

All six Armenia-based insurance companies were among the largest 1000 corporate taxpayers in 2015 having paid a total of 1.77 billion drams in various taxes, down from 1.97 billion drams they had paid in 2014

Armenia’s gross external reserves in December 2015 rose by 14.3% to $1.771.2 billion

Armenia’s gross external reserves in December 2015 amounted to $1.771.2 billion, a 14.3% rise from the previous month, the Central Bank said today

ACBA-CREDIT AGRICOLE BANK and Oxford Microfinance Initiative begin joint project

The Armenia-based ACBA-CREDIT AGRICOLE BANK said today it has initiated a joint agricultural project together with the Oxford Microfinance Initiative (OMI)

U.S. dollar rises by 0.25 points over Armenian dram

The average market value of US dollar has grown today by 0.25 percentage points over the Armenian national currency from January 26 to 488.48 drams, the Central Bank said

NASDAQ OMX Armenia announces listing of first securitized bonds

During an official ceremony on January 27, NASDAQ OMX Armenia marked the successful launch of the first securitized bond issuance in Armenia and announced the listing of these bonds at the stock exchange for the secondary market trade

Armenian banks’ transfers to government budget increased 10% to AMD 41.2 billion in 2015

Armenia’s all 21 banks were among the country’s 1000 biggest taxpayers in 2015, the Armenian tax agency reports on its website

Armenian central bank issues new commemorative coins

Armenia’s Central Bank said it has issued four gold and silver commemorative coins. The gold coins are Vardan Mamikonyan-1625, Arshak Fetvachyan-150, Alexander Melikyan Bazhbeuk-125 and silver coins are Twenty-Five Years of the Republic (1991-2016)

For the first time over 13 years Armenian banks did not report double-digit growth of their assets

For the first time over the last 13 years Armenian commercial banks did not report double-digit growth of their assets in 2015

Armenia to host INFO 2016 financial ombudsmen’s annual meeting

Armenia is to host an annual session of INFO 2016, a worldwide association of financial services ombudsman schemes, Armenian Financial Ombudsman Piruz Sargsyan said on Monday

Azerbaijani authorities have no access to VTB Bank (Armenia) clients’ personal data

VTB Bank (Armenia) released a statement on Tuesday denying media reports that the Azerbaijani authorities enjoy access to the bank clients’ personal data