Minister of Economy of Armenia visited <Oval Plastic> plantMinister of Economy of Armenia visited plant
On June 10-14, 2019, volume of transactions at currency interbank market of Armenia decreased by 7%On June 10-14, 2019, volume of transactions at currency interbank market of Armenia decreased by 7%
VTB Bank (Armenia) opens 23 self-service zones 24/7VTB Bank (Armenia) opens 23 self-service zones 24/7
Interdepartmental commission approved 60 program applications for  attracting subventions worth 2.5 billion drams
Tax report: In May 2019 sales volumes increased by 22.1% in ArmeniaTax report: In May 2019 sales volumes increased by 22.1% in Armenia
Center for the Development of Economic Initiatives opposes a bill to  raise property taxCenter for the Development of Economic Initiatives opposes a bill to  raise property tax
Armenian government pondered over ministerial labor compensation increaseArmenian government pondered over ministerial labor compensation increase
Construction activities within Tranche 2 of North-South Investment Corridor has been suspendedConstruction activities within Tranche 2 of North-South Investment Corridor has been suspended
Armenian government exempts Armenian government exempts "Liqvor" pharmaceutical company from import customs duties
Sevan is in the top 5 of the best destinations in the CIS for a summer holidaySevan is in the top 5 of the best destinations in the CIS for a summer holiday
Armenian President received the participants of the discussion "Technological Armenia`s future "
The 16th Golden Apricot International Film Festival will start on   July 7 in YerevanThe 16th Golden Apricot International Film Festival will start on July 7 in Yerevan
Surplus of state budget of Armenia grew by 8.8 fold by May 2019 - up to $ 161.6 million
Deputy Minister: As a result of applying the new provisions of the Tax Code, the estimated losses of the state budget of Armenia will be 45 billion dramsDeputy Minister: As a result of applying the new provisions of the Tax Code, the estimated losses of the state budget of Armenia will be 45 billion drams
Deputy Minister of Finance: The main task of the Armenian government is to increase the state`s competitivenessDeputy Minister of Finance: The main task of the Armenian government is to increase the state`s competitiveness
Official: In Armenia, there is no clear assessment of the volume of the shadow economyOfficial: In Armenia, there is no clear assessment of the volume of the shadow economy
Henceforth, Armenian citizens using online service can check presence of tax arrears in territory of RussiaHenceforth, Armenian citizens using online service can check presence of tax arrears in territory of Russia
Deputy Minister: RA Government does not share the opinion that the proposals on a flat income tax system are based on the interests of highly paid beneficiariesDeputy Minister: RA Government does not share the opinion that the proposals on a flat income tax system are based on the interests of highly paid beneficiaries
Business delegation from Tajikistan will visit Armenia to study the successful experience in the production of dried fruitsBusiness delegation from Tajikistan will visit Armenia to study the successful experience in the production of dried fruits
Deputy Prime Minister: Armenian government is aimed at building an innovative and comprehensive economyDeputy Prime Minister: Armenian government is aimed at building an innovative and comprehensive economy
CBA tightens capital adequacy ratio for banks: Starting from 2020 buffers to be introduced according to Basel III standardCBA tightens capital adequacy ratio for banks: Starting from 2020 buffers to be introduced according to Basel III standard
Expert: Armenian banks due to additional Basel requirements will face   the need to replenish capitalExpert: Armenian banks due to additional Basel requirements will face the need to replenish capital
ARARATBANK intends to launch a specific program - crediting refugeesARARATBANK intends to launch a specific program - crediting refugees
Until the year of 2022, ARARATBANK intends to transform into BanktechUntil the year of 2022, ARARATBANK intends to transform into Banktech
Ashot Osipyan did not rule out the likelihood of further interest  rate cuts in ArmeniaAshot Osipyan did not rule out the likelihood of further interest  rate cuts in Armenia
Varag Siserian: The Armenian side in the Chinese Shanxi signed an   important agreement for the development of the joint venture   Varag Siserian: The Armenian side in the Chinese Shanxi signed an important agreement for the development of the joint venture "Shanxi-Nairit"
Russian Ambassador: Interim Agreement on the Establishment of a Free   Trade Zone between Iran and the EAEU opens up additional   opportunities for cooperationRussian Ambassador: Interim Agreement on the Establishment of a Free Trade Zone between Iran and the EAEU opens up additional opportunities for cooperation
Total assets of two pension funds of Armenia reached $ 325 million by 2019
Kopyrkin: Continuity preserved in Armenian-Russian relationsKopyrkin: Continuity preserved in Armenian-Russian relations
The number of tourist trips of Russians to Armenia increased by almost 20% in Q1 2019The number of tourist trips of Russians to Armenia increased by almost 20% in Q1 2019

 Currency Market

 Indicators



 Banks bonds

On June 10-14, 2019, volume of transactions at currency interbank market of Armenia decreased by 7%

 Saturday, June 15 2019 13:11:00
On June 10-14, 2019, volume of transactions at currency interbank market of Armenia decreased by 7%

ArmInfo. From June 10 to 14, 2019, the volume of transactions at the currency interbank market of Armenia decreased by 7%, after a decline of 34.6% a week earlier. In parallel with this, dollar transactions remained in growth on the intrabank foreign exchange market, European operations turned downward, and the multidirectional dynamics of ruble transactions maintained, and the ruble buying up, like a week earlier, showed growth. Exchange currency market is empty.

VTB Bank (Armenia) opens 23 self-service zones 24/7
 Friday, June 14 2019 16:41

ArmInfo. VTB Bank (Armenia), taking care  of the convenience of its customers, opened 23 self-service zones in  Yerevan and regions of Armenia, which are available 24 hours a day, 7  days a week. This was reported to ArmInfo in the press service of the  bank.

>>>
CBA tightens capital adequacy ratio for banks: Starting from 2020 buffers to be introduced according to Basel III standard
 Tuesday, June 11 2019 21:15

ArmInfo. The Central Bank of Armenia introduces additional requirements for capital adequacy of banks - three buffers to the standard. As noted in the report of the Central Bank "Financial Stability 2018", from January 2020, in accordance with the requirements of "Basel III", capital conservation buffer, a counter-cyclical buffer, and a buffer for systemically important banks will come into force. Moreover, the first two will apply to all banks, and the third - to systemically important banks.

>>>
Expert: Armenian banks due to additional Basel requirements will face the need to replenish capital
 Tuesday, June 11 2019 20:49

ArmInfo.Banks of Armenia, due to the expected additional requirements for capital adequacy according to Basel 3 (surcharges to the capital adequacy ratio), will face the need to replenish capital. Such an opinion during his speech at the 12th general meeting of shareholders of ARARATBANK OJSC on June 11 was expressed by the Chairman of the Union of Banks of Armenia Artak Anesyan, noting that many banks do not exceed the capital adequacy level by 16%, and the ROE - on average the market is 8.3%.

>>>
ARARATBANK intends to launch a specific program - crediting refugees
 Tuesday, June 11 2019 19:44

ArmInfo.ARARATBANK intends to launch a credit program for refugees. This was reported on June 11 by the Chairman of the Board, Executive Director of OJSC Ashot Osipyan at the 12th general meeting of shareholders of the bank. "Together with international partners, we will try to implement a very specific program - lending to refugees. This is an exceptional program. Now we are discussing the details with the EU, with whom we intend to start implementing this program, "he said. The banker also noted that the program will mainly focus on Armenian refugees, with whom meetings had previously been held to determine their needs.

>>>
Until the year of 2022, ARARATBANK intends to transform into Banktech
 Tuesday, June 11 2019 19:25

ArmInfo.Until 2022, ARARATBANK intends to transform itself into Banktech (Bank + Fintech). Such a statement was announced by the Chairman of the Board of OJSC, Executive Director Ashot Osipyan on June 11 during the event, timed to coincide with the 12th general meeting of shareholders of the bank. , he explained. In particular, A.

>>>
Ashot Osipyan did not rule out the likelihood of further interest  rate cuts in Armenia
 Tuesday, June 11 2019 19:10

ArmInfo. Interest rates in Armenia  may drop. A similar forecast, when asked by journalists on June 11  during an event dedicated to the 12th general meeting of shareholders  of the bank, was voiced by the Chairman of the Board, Executive  Director of ARARATBANK Ashot Osipyan.

>>>
Total assets of two pension funds of Armenia reached $ 325 million by 2019
 Tuesday, June 11 2019 17:22

ArmInfo.Total assets managed by two pension funds of Armenia by January 1, 2019 reached 157.2 billion drams ($ 325 million) or 2.6% of GDP (against 1.9% in 2017). This is noted in the annual Financial Stability Report 2018 of the Central Bank of the Republic of Armenia The structure "AMUNDI-ACBA Asset Management Armenia" funds at the end of 2018 looks as follows:: conservative - 77 billion drams (96.6% of the total), balanced - 1.7 billion drams (2.1%), Fixed income - 988 million drams (1.2%). "C-QUADRAT AMPEGA Asset Management Armenia" are distributed among managed funds as follows: conservative - 76.2 billion drams (98.4% of the total), balanced - 749 million drams (1%), Fixed income - 509 million drams (0.6%).

>>>
Beneficial offers for Converse Bank premium cardholders
 Monday, June 10 2019 19:57

ArmInfo.Converse Bank, in cooperation with Visa International Payment System, offers a new opportunity to its premium cardholders. Within the framework of the offer, Visa Platinum and Visa Infinite card holders can have free of charge access the Lounge key halls of 1000 airports in different countries by registering the card with the following links:

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Central Bank of Armenia: Changing the statutory reserve requirement is dictated by ensuring greater financial stability and prerequisites for creating foreign exchange liquidity buffers
 Monday, June 10 2019 19:46

ArmInfo.The Central Bank of Armenia, with the aim of strengthening financial stability and ensuring the prerequisites for creating foreign exchange liquidity buffers, made changes to Regulation No. 2 "Regulation of Banking Activities, Basic Economic Standards of Banking Activities". In particular, changes have been made to paragraphs 50 and 51 of this provision, concerning mandatory reserves for funds raised.

>>>
Beneficial offers for Converse Bank premium cardholders
 Monday, June 10 2019 19:44

ArmInfo. Converse Bank, in cooperation with Visa International Payment System, offers a new opportunity to its premium cardholders. Within the framework of the offer, Visa Platinum and Visa Infinite card holders can have free of charge access the Lounge key halls of 1000 airports in different countries by registering the card with the following links:

>>>
Ardshinbank to Sponsor Komitas 150 Festival
 Monday, June 10 2019 11:26

ArmInfo.Today, Komitas Museum-Institute hosted the trilateral contract signing on the sponsorship of the Komitas 150 Festival between the Ministry of Education, Science, Culture and Sport of the Republic of Armenia, Komitas Museum-Institute and Ardshinbank.

>>>
New offer from Ameriabank within the framework of the campaign "Live  in Armenian" - AMD deposit at the rate of 9.5%
 Friday, June 7 2019 20:50

ArmInfo.  New offer from Ameriabank within the framework of the campaign "Live in Armenian" - an AMD deposit at the rate of 9.5% per annum. As ArmInfo explained in the  press service of the bank, at this interest rate deposits will be  attracted until June 30 of this year.

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The AGBU Women Entrepreneurs Program Launched in Artsakh: FRUITFUL  ARMENIA Foundation is the partner
 Thursday, June 6 2019 17:58

ArmInfo. The press conference of AGBU Armenia and Fruitful Armenia on launching the Women Entrepreneurs Program in Artsakh took place on June 4, 2019.  

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Official: The extra-budgetary funds of the Armenian agencies will be  limited
 Thursday, June 6 2019 14:45

ArmInfo. The extra-budgetary  funds of the Armenian departments will be limited. At a meeting on June 6, the RA government approved amendments to more than two dozen  laws regulating extra-budgetary funds of various state structures.

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Armswissbank brought six-year dollar bonds worth $ 5 million to the AMX stock exchange
 Wednesday, June 5 2019 20:38

ArmInfo. The issue of Armswissbank's dollar bonds in the amount of $ 5 million was listed on the AMX stock exchange and included on the Bond list.

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Ardshinbank Improves Terms of Mortgage Loan
 Wednesday, June 5 2019 11:44

ArmInfo.According to Ardshinbank’s new mortgage lending terms, the annual interest rate has been reduced in case of AMD 35 million maximum credit limit. Ardshinbank provides loans for the purpose of residential property - up to AMD 100 million credit, starting from 6.97% effective interest rate, more over, without the requirement of income analysis.

>>>
Javadyan: Central Bank of Armenia has not spent any dram on issuing  investment coins
 Tuesday, June 4 2019 17:09

ArmInfo. The Central Bank of Armenia did not spend any dram on the issue of <Noah's Ark> investment coins. Chairman of the Central Bank of Armenia Artur  Javadyan stated this from the rostrum of the National Assembly on  June 4.

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Shixin Chen: "Armenia-ADB Partnership Strategy" for 2019-2023  scheduled for approval in September 2019
 Tuesday, June 4 2019 16:58

ArmInfo.Deputy Prime Minister Mher Grigoryan received a delegation led by Vice-President of the Asian Development Bank (ADB) Shixin Chen. Director of the ADB Armenian Representation Shane Rosenthal also attended the meeting.

>>>
Additional cashback with Idram Rocket Visa card
 Saturday, June 1 2019 00:24

ArmInfo.IDBank announces summer campaign: During the whole summer IDBank donates another 5% cashback while making your payments with Idram Rocket Visa card via Idram application, which means: while making a QR or NFC non-contact payment, you need to select Idram Rocket Visa card as a means for payment and receive 5% cashback from the Bank, and the Bank pays that 5%, without taking into consideration whether Idram provides cashback  at the given service and shopping centre  or not.

>>>
Converse Bank Offers Short-Term Bridge Loan for SMEs
 Friday, May 31 2019 21:56

ArmInfo.Converse Bank offers a  short-term loan "Bridge" for SMEs.  As ArmInfo explained to the press  service of the bank, this product allows small and medium-sized  businesses operating in various fields to receive one-year loans to  replenish working capital or to plan funding for short-term  liquidity.

>>>


Exchange rates
14.06.2019
RUB7.430.03
USD478.40-0.14
EUR539.06-1.21
GBP605.13-1.18
CAD358.73-0.62
JPY44.210.08
CNY69.40-0.02
CHF480.51-1.31


Experts
HSBC Bank Armenia digitalizes cooperation with retail clients HSBC Bank Armenia digitalizes cooperation with retail clients 
AmRating agency in cooperation with European Rating-Agentur Expert RA  GmbH has issued regular research on Armenia`s banking systemAmRating agency in cooperation with European Rating-Agentur Expert RA  GmbH has issued regular research on Armenia`s banking system
Yulia Ustyugova: Armenia can get access to IMF “insurance line”Yulia Ustyugova: Armenia can get access to IMF “insurance line”
Armand Arton: The question whether citizenship should be granted in  return for investments is rather rhetoricalArmand Arton: The question whether citizenship should be granted in  return for investments is rather rhetorical
Former head of the Ministry of Finance: <Confrontation> with Lydian may cost much to ArmeniaFormer head of the Ministry of Finance: with Lydian may cost much to Armenia
Vardan Aramyan: It will be unreasonable if the government goes to revise the allowable national debt ceiling in GDPVardan Aramyan: It will be unreasonable if the government goes to revise the allowable national debt ceiling in GDP
HSBC Bank Armenia increases efficiency and focuses on digital servicesHSBC Bank Armenia increases efficiency and focuses on digital services
Bulgarian Minister: The level of Armenian-Bulgarian economic  cooperation is still unsatisfactoryBulgarian Minister: The level of Armenian-Bulgarian economic  cooperation is still unsatisfactory
Expert: Recruitment market in Armenia from the point of view of  supply and demand is sleepingExpert: Recruitment market in Armenia from the point of view of  supply and demand is sleeping
Expert: Despite the adequacy of Armenian banks` capitals, the  opportunities for its optimal use are severely limitedExpert: Despite the adequacy of Armenian banks` capitals, the  opportunities for its optimal use are severely limited
Association of Organic Agriculture is being created in ArmeniaAssociation of Organic Agriculture is being created in Armenia
Pailak Tadevosyan: Governments change in Armenia, but taxation  approaches do not changePailak Tadevosyan: Governments change in Armenia, but taxation  approaches do not change
Rouben Indjikian: Everyone should follow the established unified and fair rules of the gameRouben Indjikian: Everyone should follow the established unified and fair rules of the game
Mher Arakelyan:  Armenia`s payment business has great prospectsMher Arakelyan:  Armenia`s payment business has great prospects
Rating-Agentur Expert RA GmbH and AmRating issued an industry report  on Armenia`s banking systemRating-Agentur Expert RA GmbH and AmRating issued an industry report on Armenia`s banking system
Igor Nazaruk: Each planted sprout has the right to a successful prospect if it is cherished and taken care ofIgor Nazaruk: Each planted sprout has the right to a successful prospect if it is cherished and taken care of
Ara Khzmalyan: Armenia is comfortable to Russian touristAra Khzmalyan: Armenia is comfortable to Russian tourist
The Armenian delegation to the US followed the advice of President TrumpThe Armenian delegation to the US followed the advice of President Trump
Outflow of population and passivity of the Diaspora pushes property prices downOutflow of population and passivity of the Diaspora pushes property prices down
Finombudsman: Amendments to the Civil Code on the imposition of fines and penalties will reduce the number of outstanding loans and  non-creditworthy consumersFinombudsman: Amendments to the Civil Code on the imposition of fines and penalties will reduce the number of outstanding loans and non-creditworthy consumers

Search by date

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

Commented
Forecast: Armenia has good prospects for expanding its presence in  the Polish marketForecast: Armenia has good prospects for expanding its presence in  the Polish market
Armenian government`s delegation headed by Prime Minister will take  part in the St. Petersburg International Economic Forum on June 6-7Armenian government`s delegation headed by Prime Minister will take  part in the St. Petersburg International Economic Forum on June 6-7
Concessionaire of Zvartnots International Airport promises to become  one of the best operators in the worldConcessionaire of Zvartnots International Airport promises to become  one of the best operators in the world
Arthur Javadyan: Central banks are not responsible for economic  growthArthur Javadyan: Central banks are not responsible for economic  growth
Forecast: Electricity exports to the Middle East through Iran are a  key component of Armenia`s geo- economic strategyForecast: Electricity exports to the Middle East through Iran are a  key component of Armenia`s geo- economic strategy
ArmInfo IC: In Armenia,  CMTPL loss ratio increased up to 64.5% in Q1  2019ArmInfo IC: In Armenia,  CMTPL loss ratio increased up to 64.5% in Q1  2019
Overdue loans accelerate growth in banking system of ArmeniaOverdue loans accelerate growth in banking system of Armenia
RA Prime Minister: European Union is not ready to finance 100% of  development programs implementation in ArmeniaRA Prime Minister: European Union is not ready to finance 100% of  development programs implementation in Armenia
T.Avinyan: The Government is open for cooperation and encourages  active dialogue and interaction in all areas T.Avinyan: The Government is open for cooperation and encourages  active dialogue and interaction in all areas 
Agreement on construction of a new unit with combined gas cycle  signed in YerevanAgreement on construction of a new unit with combined gas cycle  signed in Yerevan
Veolia Jur: Regulatory charges are false and unfoundedVeolia Jur: Regulatory charges are false and unfounded
Armenian Prime Minister: We are gaining momentum for economic takeoffArmenian Prime Minister: We are gaining momentum for economic takeoff
Through the mobile banking application of Ardshinbank you can get a  loan in seconds.Through the mobile banking application of Ardshinbank you can get a  loan in seconds.
By the end of 2018, By the end of 2018, "Galburdjian Group" will launch the production of  sesame oil in Armenia
Expert: Armenia has a problem with effective use of water resources,  rather than small hydropower stationsExpert: Armenia has a problem with effective use of water resources,  rather than small hydropower stations
Investment forum Investment forum "Energy Week 2018" to be held in Armenia
Expert: It is necessary to start implementing the program for the  construction of a new nuclear unitExpert: It is necessary to start implementing the program for the  construction of a new nuclear unit
The Armenian government suggests raising the minimum pension by 60%The Armenian government suggests raising the minimum pension by 60%
The updated feasibility study of construction project of electricity transmission line Armenia- Georgia will be ready by the end of the year - the Ministry of EnergyThe updated feasibility study of construction project of electricity transmission line Armenia- Georgia will be ready by the end of the year - the Ministry of Energy
Eurasian Development Bank wishes to expand its activities in ArmeniaEurasian Development Bank wishes to expand its activities in Armenia
$ 100 million to be invested in repatriation project Build Armenia$ 100 million to be invested in repatriation project Build Armenia
FRV: Armenia`s growing desire to increase renewable energy sources is  a decisive factorFRV: Armenia`s growing desire to increase renewable energy sources is a decisive factor
Suren Papikyan: It`s safe now to do business in Armenia, assures  Armenian MinisterSuren Papikyan: It`s safe now to do business in Armenia, assures  Armenian Minister
Armenian state debt started reducing up to $6.7 bln to June 1 2018Armenian state debt started reducing up to $6.7 bln to June 1 2018