Thursday, January 10 2019 10:33
Alexandr Avanesov

According to the results of the EIAA in 2018, a significant increase  in indicators was registered

According to the results of the EIAA in 2018, a significant increase  in indicators was registered

ArmInfo.According to the results of the activities of the Export Insurance Agency of Armenia (EIAA), in 2018 a significant increase in indicators was registered.  This was reported by the press service of the Agency.

According to the source, 93 applications from 58 economic entities  for export insurance were received during the past year. With 31  business entities, of which 20 were small and medium-sized  businesses, 591 insurance policies were concluded. Moreover,  contracts were concluded with 16 economic entities for the first  time. The total insurance amount was almost 7.9 billion drams, which  is 1.73 times more than the previous year. The increase compared with  the size of the sum insured under the plan of activities of EIAA for  2018-2020 as of December 31, 2018 was 1.31- fold. The collected  insurance premium turned out to be at the level of 75.5 million drams  (1.95-fold increase compared to the previous year, an increase  compared to the size of the insurance premium stipulated by the  activity plan of CJSC EIAA for 2018-2020, as of December 31, 2018,  1.09-fold).

In 2018 for the EIAA, new areas of insurance were the production of  dairy products, jewelry, leather and a number of other industries.

The total insurance amount of insurance policies issued in 2017  amounted to 4.5 billion drams, and the total insurance premium was  38.8 million drams, the indicators of which as of October 31, 2018  have already been exceeded. Since the beginning of the activities of  the EIAA, from March 2015 and until the end of 2018, the insurance  amount amounted to almost 15 billion drams, and the insurance premium  amounted to about 130 million drams.

"Export Insurance Agency of Armenia" CJSC was established on October  23, 2013 on the basis of a decision of the Government of the Republic  of Armenia within the framework of export-oriented industrial policy.  The company provides insurance to resident exporting companies of the  Republic of Armenia from financial losses incurred in the event of  non-payment for the goods delivered by a foreign buyer or a bank,  which, under the contract, has an obligation to pay. Insurance  services provided are an efficient export risk management  solution.The sole shareholder of the company is the Republic of  Armenia. 


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Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000