#2015
HSBC Bank Armenia awards its Trade Finance Best Customers
HSBC Bank Armenia has named today the winners of its seventh Best Trade Customers Award. Speaking at the Award giving ceremony, HSBC Bank Armenia CEO Thies Clemenz said HSBC Trade Awards have become a benchmark for performance in Armenia’s trade finance industry.Opposition MP blames economic downturn on central bank
Parliament member from the oppositional Armenian National Congress (HAK) Hrant Bagratyan, who served as prime minister in the administration of Armenia’s first post-Soviet president Levon Ter-Petrosyan, disagreed Tuesday with official data which say that Armenian economy expanded last year by 3 percent, claiming it in fact fell and blamed it on the country’s central bank.Total capital of Armenian banks in 2015 increased by 17.8% to 561.9 billion drams
The total capital of 21 banks in Armenia in 2015 increased by 17.8% reaching 561.9 billion drams, according to ARKA news agency’s financial and economic bulletin "Banks of Armenia" for the fourth quarter 2015.In 2015 Unibank handled more than 310,000 remittances worth $193 million
In 2015 the Yerevan-based Unibank handled more than 310,000 remittances worth a total of $193 million. According to a Unibank press release, money transfers without opening bank accounts are made to any country via international Unistream and Intel Express systems.Armenia’s largest 1000 taxpayers paid 696.5 billion drams of various taxes in 2015, by 0.6% less than in 2014
In 2015 Armenia’s 1000 largest corporate taxpayers paid a total of 696.5 billion drams of various taxes, by 0.6% less than in the previous year, according to numbers, unveiled today by the State Revenue Committee said.EBRD financed a record volume of projects in Armenia in 2015
The EBRD financed a record volume of projects in Armenia in 2015, providing strong support to the country’s economy in a challenging economic environment that was affected by the regional crisis, according to a press release.Armenia’s economy shows better results in 2015 than predicted by international organizations
Armenia’s economy recorded better results in 2015 than international organizations predicted, Armenian Economy Minister Karen Chshmarityan said Thursday referring to official statistical reports.Armenia’s foreign trade in January-November 2015 shrinks by 20.6% to $4.313.6 billion
Armenia’s foreign trade in January-November 2015 shrank by 20.6% when compared to the same time span of 2014 to about $4.313.6 billion, according to the numbers, released today by the National Statistical Service (NSS).Armenia’s jewelry industry grew by 64% in 11 months of 2015
Armenia’s jewelry industry in the first 11 months of 2015 surged by 64% from the year before to about 16 billion drams, according to the National Statistical Service (NSS). NSS said a total of 885.1 kg of jewelry were manufactured against 1,170.5 kg in the same period last year.International food prices down 19 percent in 2015
International food prices dipped by 19 per cent in the last year, the fourth consecutive annual fall, due to substantial decline in dairy, sugar and vegetable oil prices, according to the United Nations Food and Agriculture Organization (FAO).Armenian companies were unable to use new opportunities to boost exports to Russia and EU in 2015, MP says
Gagik Minasyan, the chairman of an Armenian parliamentary committee on budget and finance issues from the governing Republican Party of Armenia, criticized today local companies for appearing unable to use new opportunities that opened last year to boost their exports to Russia and the European Union.Armenia’s total public debt dropped by 0.3% in late November to $4.813 billion
Armenia’s total public debt at the end of November 2015 stood at $4.813.4 billion, a decrease of 0.3% or $13.5 million from the previous month, and 8.4% higher from the beginning of the year, the National Statistical Service (NSS) said.News 1 - 20 of 32
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