Armenian investment companies’ transactions grown 41.2% to AMD 57.4 billion in April

YEREVAN, June 24. /ARKA/. The total amount of transactions formalized by Armenia’s investment companies reached AMD 57.4 billion in April 2016 showing a 41.2% year-on-year growth and 15.2% month-on-month contraction, the Central Bank of Armenia reports in a fresh issue of its monthly bulletin.

The regulator says investment companies’ transactions were mostly made on repo contracts (95.5%).

Repo deals amounted to AMD 53.6 billion accounting for a 48.2% year-on-year growth.

Investment companies’ transactions with equity securities totaled AMD 46 million, with corporate bonds

AMD 305 million and with government bonds AMD 3 377 million in April 2016.
Transactional of banks providing investment services amounted to AMD 281.4 billion in April 2016 – 8.54 times less than the result of the same month a year earlier.

Eight companies and 20 banks providing investment services operate in Armenia now. ($1 – AMD 476.32). –0—

spot_img

POPULAR

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (September 21–27)

Armenia’s financial agenda this week centered on developing regulatory cooperation, digitizing currency transactions, and expanding capital market instruments.

Unibank Offers USD-Denominated Bonds with an Annual Coupon Rate of 6%

Unibank has completed the placement of its AMD-denominated bonds ahead of schedule: the issue, with a total volume of AMD 3 billion, was fully placed within just a few days.

IMF mission discusses macroeconomic issues and reforms with Armenian authorities

Armenian Deputy Prime Minister Tigran Khachatryan met with a delegation from the International Monetary Fund (IMF) mission, led by the IMF mission chief for Armenia, Nathan Porter, the Armenian government's press service reported.

Exchange rates of the euro, ruble, and dollar against the Armenian dram have fallen – Central Bank of Armenia data

The average market exchange rate of the US dollar against the Armenian dram, established on Armenia's currency market, fell by 0.18 points to 363.34 drams on September 28, compared to September 25.

EDB expects Armenia’s GDP to grow by 6% in 2026 amid high economic activity

The Eurasian Development Bank (EDB) expects Armenia's GDP to increase by 6% in 2026, according to the bank's weekly macro-review.

LATEST NEWS

spot_imgspot_imgspot_img