‘CBA’ Archives
Armenian CB declared the licence of “London-Yerevan” insurance company invalid
Board of the Central Bank (CB) of Armenia permitted liquidation and declared invalid the licence of “London-Yerevan” LLC insurance company at its session today. The portfolio of “London-Yerevan” was purchased by “Rosgosstrakh Armenia” insurance company in late 2009 – early 2010. This information was confirmed by the press service [...]
Armenian government to issue CB with state guarantees in the amount of 20mln EUR
The government of Armenia made a decision today to issue state credit guarantees to the Central Bank in the amount of 20mln EUR. Finance Minister of Armenia Tigran Davtyan informed today that the guarantee is issued within the framework of the agreement between CB of Armenia and KfW German Bank under “Stable Development of the Dwelling [...]
Volume of money transfers in Armenia in the second quarter, 2010, increased by 8.3%
Volume of money transfers to Armenia to individuals via commercial banks made 97bln AMD (459 575 transfers) in the second quarter, 2010. Mediamax was informed in the press service of the Central Bank that in the accounting period the net inflow of money transfers by international systems of transfers made 71bln AMD. As compared to the second [...]
CBA Places Short-Term Treasury Government Bonds Worth AMD 1 Billion
On Monday, the Central Bank of Armenia placed 26-week AMGT26212116 treasury government bonds worth AMD 1 billion, the central bank’s press office reports. Nine dealers took part at the auction. Bids at the auction totaled AMD 1280.4 million All the bids were competitive. Yield of Highest Accepted Bids: 11.2992%. W.A. Yield of Successful [...]
