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Tag: ECB

ECB keeps benchmark rate unchanged

Banks
The European Central Bank (ECB) governing board voted today to keep the benchmark refinancing rate at its current all-time low of 0.05%, Finmarket.ru reported

ECB studying measures to restrict emergency funding for greek banks under its emergency liquidity assistance

Banks
The European Central Bank (ECB) is studying measures to restrict emergency funding for Greek banks under its emergency liquidity assistance, known as the ELA, Bloomberg reported Tuesday

ECB to provide 59.5 Billion Euros Emergency Cash to Greek banks

Economy
The European Central Bank will allow the Greek central bank to provide as much as 59.5 billion euros ($68 billion)

ECB signals tougher approach on bankers’ pay

Banks
The European Central Bank has signalled a tougher approach on bankers’ pay, announcing that it will launch an examination of bonus payments and share options made by lenders, vestifinance.ru reported citing The Financial Times

Euro loses 21 points against Armenian dram after ECB announcement

Exchange market
European Union’s single currency has lost 21 points against Armenian national currency, the dram, today and was trading at 529.14 drams, the Central Bank said

New €10 started circulating on 23 September 2014

Exchange market
The Europa series of euro banknotes is being gradually introduced in the euro area over a number of years. The new €10 started circulating on 23 September 2014, the website of the European Central Bank reports

ECB’S public website hacked and contact data stolen

Banks
The European Central Bank has received a blackmail letter after its public website was hacked and contact data stolen, the bank said on Thursday

ECB president Mario Draghi named as ‘governor of the year’

Banks
European Central Bank (ECB) president Mario Draghi was today unveiled as ‘governor of the year' and the People's Bank of China (PBoC) as ‘central bank of the year' in the inaugural Central Banking awards

Euro dives against USD as Italy’s sovereign rating falls and amid ECB statements

Exchange market
Euro rates tumbled against USD on Tuesday as ECB Governing Council member Jörg Asmussen spoke about the future monetary policy and Italy’s sovereign rating was downgraded

ECB’s asmussen wants single bank supervision, resolution next year:Reuters

Banks
European Central Bank policymaker Joerg Asmussen threw his weight behind demands by France and the European Commission for the swift establishment of a single supervisory authority and resolution regime for euro zone banks next year

Cyprus bank deposits decreased by almost 4 percent

Banks
Cypriot banks lost 1.8 billion euros ($2.4 billion) in deposits in March, when the country agreed to tax bank deposits as part of a European Union-led bailout

Lagarde: ECB should ease monetary and credit policy

Economy
IMF Chief Christine Lagarde suggests that the eurozone should go on easing monetary and credit policy, banki.ru reported today

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ACBA Bank to Invest $50 Million in MSME Development in Partnership with JICA (VIDEO)

ACBA Bank and the Japan International Cooperation Agency, JICA, are launching a partnership, as a result of which ACBA Bank will invest $50 million in the development of micro, small and medium-sized enterprises in Armenia.

Pashinyan: “banking secrecy is no longer a ‘sacred cow’ in democratic countries”

Armenian Prime Minister Nikol Pashinyan said today that banking secrecy cannot be inaccessible to the state.

Euro down 1.47 points to 412.25 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 31, 2024, was 97.35 drams, down 0.57 points compared to January 30.

Armenian company buys Russian subsidiary of Goldman Sachs

Russian President Vladimir Putin has authorised the purchase of Goldman Sachs' unit in Russia by investment company Balchug Capital, a government decree published on Friday showed, Frank Media reports.

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