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Tag: effort

Armenia’s national currency continue to lose its value despite Central Bank’s efforts

Announces
Armenia’s national currency, the dram, was showing a clear devaluation trend in January and February this year, despite all the efforts of the Central Bank to hold it back

Delovoy Express: Armenian banks should make every effort to bar their H1 from falling

Banks
Armenian banks are gradually lowering their capital adequacy H1, and this may hobble development of the country’s banking sector already in 2013, according to Delovoy Express weekly

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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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