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Tag: Amundi

Average annual profit rate of three pensions funds managed by Amundi- ACBA Asset Management is 8-9 percent (video)

Banks admin -
On September 30, 2021, the volume of assets managed by Amundi-ACBA Asset Management reached 220 billion drams, having increased by more than 7 billion drams in the third quarter alone, the press service of Acba bank reported today

Amundi –ACBA Asset Management allocates 10,000 euros for study of social housing strategy in Armenia

Banks admin -
Amundi-ACBA Asset Management and Armenia’s Ministry of Labor and Social Affairs signed a memorandum of cooperation, Acba bank said in a press release today

Amundi-ACBA Asset Management ensures 8.7-9.1% annual growth of funded pensions (video)

Banks admin -
At the end of March, 2020, the amount of assets managed by Amundi-ACBA Asset Management stood at about 136 billion drams, the press service of ACBA-CREDIT AGRICOLE BANK reported today

Amundi Acba Asset Management: six years in Armenia

Banks admin -
Many people all over the world and especially across Europe choose the French company Amundi to effectively manage and increase their financial resources. Amundi

ACBA -CREDIT AGRICOLE BANK and Amundi seek license for establishment of pension fund management company

Banks admin -
Armenian ACBA -CREDIT AGRICOLE BANK and Amundi company have turned to the Central Bank of Armenia to obtain a license for establishment of a company to manage compulsory pension funds

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US dollar rate down 0.35 points to 397.92 drams

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The average market exchange rate of the US dollar to the Armenian dram as of January 30, 2024, was 397.92 drams, down 0.35 points compared to January 29.

Loans and deposits of Armenian banks grew in November due to AMD-denominated  funds – WB

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Commercial bank deposits in Armenia grew 2.3 percent (mom) in November, and loans increased 2.6 percent (mom), driven by AMD-denominated funds, the World Bank says in its latest Armenia Monthly Economic Update – January 2025 review.

Armenia’s 1.5% inflation in December is the highest since April – WB

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Armenia's inflation picked up to 1.5 percent (yoy) in December, the highest rate since April 2023, according to World Bank's Armenia Monthly Economic Update – January 2025 review.

Armenia’s refinancing rate back to August 2022 level – WB

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The refinancing rate in Armenia has returned to the level of August 2022, according to the World Bank's review Armenia Monthly Economic Update - January 2025.

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