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Tag: Investigation

Armenia’s SIS completes investigation of HSBC bank Armenia robbery case

Banks admin -
Armenia’s Special Investigative Service (SIS) said today it has completed the investigation of a criminal case of an armed attack on a branch of HSBC Bank Armenia in the capital city Yerevan on May 3

Barclays faces fresh criminal probe

Banks admin -
The Serious Fraud Office has launched a second criminal investigation into Barclays as the agency

Group Of Sub-Divisions Of Financial Investigation “Egmont” Holds A Meeting In Yerevan

Banks admin -
Meeting of the committee of the Group of Sub-divisions of Financial Investigation “Egmont” is conducted in Yerevan.

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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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