Thu, 3 July
23.1 C
Yerevan
USD: 384.51 RUB: 4.89 EUR: 452.41 GEL: 141.37 GBP: 526.78

Monthly Archives: October, 2016

Armenia expects modest growth in remittances next year- minister says

Armenia expects a modest growth in the volume of remittances in 2017, the bulk of which is sent by Armenian labor migrants working in the Russian Federation, finance minister Vardan Aramyan said today during a parliamentary hearing of the next year’s draft budget

ACBA-CREDIT AGRICOLE BANK inaugurates its 57th branch

ACBA-CREDIT AGRICOLE BANK has inaugurated today its 57th "Shinararneri" branch, located at 15, Shinararneri Street in Ajapnyak administrative district of the capital city Yerevan

Armenian banks’ taxes for 9 months fell by 11.4% year-on-year

The list of Armenia's 1000 largest corporate taxpayers for the first 9 months of 2016 includes all 19 commercial banks operating in the country, which paid a total of 28.2 billion drams in various taxes

Armenia’s monetary base in September 2016 was up 5.4% from August

Armenia’s monetary base in September 2016 increased by 5.4% from the previous month of August to about 897.9 billion drams, the National Statistical Service (NSS) reported citing the preliminary data of the Central Bank

Around $110 million bought by Armenian banks last week

Armenia’s commercial banks bought more than $110 million from the local foreign currency market on October 24 to 28 at the average weighted exchange rate of 474.77 drams per one USD

No dollar sale-purchase transactions at NASDAQ OMX Armenia stock exchange last week

No dollar sale-purchase transactions have been effected at NASDAQ OMX Armenia stock exchange over a period between October 24 and 28, the press office of the Central Bank of Armenia reports

Economic growth is projected at 3.2% in Armenia’s 2017 draft government budget

In Armenia’s draft government budget for 2017, economic growth is projected at 3.2%, Karen Karapetyan, Armenian prime minister, said Monday while presenting the draft budget to the parliamentary commissions

Gagik Minasyan: three reasons behind Armenian budget shortfall

According to Gagik Minasyan, the chairman of an Armenian parliamentary committee on finance and budget issues, there are three major reasons behind the predicted 60 billion budget shortfall this year

Prometey Bank’s authorized capital built up by AMD 3 billion 550 million

Prometey Bank added AMD 3 billion 550 million to its authorized capital on Wednesday, the bank’s press office reports

Russia’s and Armenia’s state-owned repositories of precious stones and metals (Gokhran) sign cooperation memorandum

Russia's and Armenia’s state-owned repositories of precious stones and metals (Gokhran) have signed today in Yerevan a memorandum of cooperation, the Armenian ministry of finance reported after a meeting with a Russian Gokhran delegation, visiting Armenia

Armenian parliament approves amendments making derivative financial instruments available from 2017

Armenia’s parliament has approved today in the second and final reading a package of amendments to the law "On the Securities Market" and to a package of laws regulating the financial market

Authorized capital of Mellat Bank in Armenia built up to required amount

Yerevan-based Mellat Bank CJSC, fully owned by Iran’s Mellat Bank, has increased its authorized capital in compliance with the new requirement of the central Bank of Armenia, Mohammad Bigdeli, chairman of Mellat Bank CJSC’s board, told journalists on Wednesday