The real effective exchange rate of the dram in August fell by 0.6%, with an annual growth of 2.4% Sunday, October 18 2020 23:36:00
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 ArmInfo. In August 2020, the real effective exchange rate of the dram to the basket of currencies of the states - the main trading partners of Armenia decreased by 0.6%, and the nominal effective exchange rate - by 0.3%, thereby fixing a slight weakening of the national currency. |
Tuesday, May 26 2020 18:31
ArmInfo.n. The last month of the first quarter of 2020 coincided with the beginning of the implementation of measures to prevent the spread of coronavirus, which could not but affect the indicators of the banking system of Armenia, development trends, and the economy as a whole. >>> |
Friday, May 22 2020 15:44
ArmInfo.IDBank will help to increase energy efficiency and expand the use of alternative energy. >>> |
Wednesday, May 20 2020 20:24
ArmInfo. The assets of the banking system of Armenia slowed down annual growth from 16.1% to 15.3%, amounting to 5.9 trillion drams ($ 11.7 billion) as of April 1, 2020. According to the Express-Ranking of Banks of Armenia, prepared by ArmInfo IC, in their structure credit investments and other loans reached 3.8 trillion drams ($ 7.5 billion), with annual growth accelerating from 16.2% to 20.4%. >>> |
Wednesday, May 20 2020 20:19
ArmInfo. The banking system of Armenia increased its net profit in the first quarter of 2020 by 40% per annum to 23.3 billion drams ($ 46.3 million), while a year earlier a subsidence of 17.4% was recorded. >>> |
Wednesday, May 20 2020 16:48
ArmInfo.The prices of precious metals registered growth after decline in Armenia. So, in the current week, prices for precious metals increased on average by 2.6% against the 1.5% decline in the previous week. >>> |
Tuesday, May 19 2020 14:01
ArmInfo. Artak Manukyan, Deputy Chairperson of the RA NA Standing Committee on Financial-Credit and Budgetary Affairs, considers it appropriate to publish data on overdue loan obligations of Armenian officials. He stated this during a meeting of the Committee on May 19. >>> |
Tuesday, May 19 2020 10:32
ArmInfo. The Board of Directors of the International Monetary Fund (IMF) decided yesterday to allocate Armenia $ 280 million to fight the coronavirus pandemic, Prime Economic Information Agency reports citing the fund's press service. >>> |
Monday, May 18 2020 13:06
ArmInfo.Given the current situation and pursuing the goal to save customers’ time, IDBank, from now on, will provide a free delivery of cardsin Yerevan, ordered online through the IDBanking.am platform or Idram application, as well as in the branches of the Bank. >>> |
Saturday, May 16 2020 21:18
ArmInfo.S&P predicts a 2% drop in GDP in Armenia in 2020, against an actual growth of 7.6% in 2019. And in 2021, according to S&P expectations, Armenia's GDP will grow by 4.9%. >>> |
Wednesday, May 13 2020 19:14
ArmInfo.Ameriabank placed AMD 5 billion dram bonds ahead of schedule and immediately prepared the next AMD tranche in the same amount for placement. >>> |
Wednesday, May 13 2020 18:23
ArmInfo. The inflow of private transfers of individuals to Armenia turned the annual dynamics in the first quarter of 2020 towards a 9.7% decline from the 9.3% growth in the first quarter of 2019, amounting to $ 353.6 million in absolute terms. >>> |
Wednesday, May 13 2020 13:39
ArmInfo."HSBC Bank Armenia" CJSC (HSBC Armenia) will donate 150 sets of computer workstations to students in socially vulnerable communities in Armenia to support their remote learning needs amidst COVID-19 and beyond. The workstations will be given to HSBC Armenia's charity partner Jinishian Memorial Foundation, which will help identify and select the final beneficiaries and distribute the workstations to them. >>> |
Tuesday, May 12 2020 16:56
ArmInfo.Precious metals in Armenia continue to get cheaper, while gold prices managed to break the bullish trend. So, this week, prices for precious metals have accelerated the pace of the weekly decline from 0.7% to 1.5%. >>> |
Tuesday, May 12 2020 12:18
ArmInfo.Ardshinbank has received the Best Bank in Armenia 2020 award from Global Finance magazine. This prestigious award affirms the Bank's outstanding digital channels, innovative business approach and strong financial performance. >>> |
Monday, May 11 2020 21:42
ArmInfo. The Council of the Central Bank of Armenia decided to reduce the capital adequacy ratio of banks (N1 / 1 - the minimum ratio of fixed capital to risk-weighted assets - Ed.) By one percentage point - to 9%. The current standard for total capital adequacy (N1 / 2 - the ratio of total capital to risk-weighted assets) is maintained at the level of at least 12%. >>> |
Monday, May 11 2020 19:09
ArmInfo.During this period, in case of non-fulfillment or partial fulfillment of the regular loan repayments, the loan will not be classified, will not be considered overdue, penalties, fines will not be applied, the credit history will not suffer. >>> |
Monday, May 11 2020 16:42
ArmInfo. Converse Bank’s new Mobile application allows you to make domestic and international money transfers by following just a few simple steps. Mobile transfers can be performed with passport/ID data, Card2Card transfers to payment cards of foreign banks, SWIFT transfers, other. Accordingly, the transfer options can be easily accommodated to your needs even with limited information about the recipient. >>> |
Monday, May 11 2020 13:48
ArmInfo.As part of the joint program of ACBA-Credit Agricole Bank and NABU (German Conservation and Biodiversity Union), "Darman" tea, produced in the Tavush region, received a certificate of organic production. According to the press service of the ACBA-Credit Agricole bank, the producer of organic <Darman> tea Gnel Nazanyan is already exporting his production to the markets of the Russian Federation, the USA and France. >>> |
Monday, May 11 2020 10:55
ArmInfo. RA Prime Minister Nikol Pashinyan reported on the progress in implementing anti-crisis measures developed by the government to mitigate the socio- economic consequences of the coronavirus. >>> |
Friday, May 8 2020 16:53
ArmInfo. The average annual return on assets by type of funds managed by RF Amundi-AKBA Asset Management is at a fairly high level - within 8.7-9.1% (from the moment of creation). >>> |
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