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Daily Archives: May 2, 2017

NASDAQ OMX Armenia conducts first auctions of government bonds

Capital market
On May 2, 2017 the NASDAQ OMX Armenia stock exchange conducted the first auctions of government bonds, handled previously by the Central Bank. The relocation had been ordered by a government decision adopted in early April

VTB Bank (Armenia) offers money transfers through social networks

Banks
VTB Bank (Armenia) said today that holders of its MasterCard and Maestro cards may use a simple, convenient and safe way to remit money from the Russian Federation to 16 countries of the world, including Armenia via Vkontakte and Odnoklassniki social networks

Armenian banks overall lending grows by 1 percent in March

Banks
Armenia-based commercial banks’ aggregate lending grew by 1% or 24.6 billion drams in March 2017 to 2.422.9 trillion drams, according to the latest numbers, released today by the National Statistical Service (NSS)

Around $70.6 million bought by Armenian banks last week

Exchange market
Armenia’s commercial banks bought around $70.6 million from the local foreign currency market on April 25 to 28 at the average weighted exchange rate of 483.8 drams per one USD, the Central Bank of Armenia reported 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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