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Daily Archives: Feb 23, 2010

Armenian Central Bank intends to curb dollarization in 2010

The Central Bank of Armenia will concentrate its efforts on curbing dollarization in 2010, Vahe Vardanyan, chief of the central bank’s division on financial stability.

Bank VTB (Armenia) obtained status of agent of state bonds in the market

CJSC “Bank VTB (Armenia)” obtained status of Agent in the market of mid-term and long-term state (treasury) coupon bonds in Armenia.

EBRD’s BAS Programe helps Armenian company introduce automated financial system

The EBRD’s Business Advisory Services (BAS) Programme is helping NatFood CJSC, one of the leading meat products producers in Armenia, to improve business efficiency by introducing automated financial system.

Armenian Central Bank placed state (treasury) mid-term coupon bonds in the amount of 1 billion drams

On Tuesday Armenian Central Bank placed mid-term state treasury coupon bonds in the amount of 1 billion drams.

Finance minister: 2010 to be year of recovery for Armenia

Armenian Finance Minister Tigran Davtyan said 2010 would be a year of recovery for Armenia.

Finance minister: confidence in Armenian banking system has grown

Despite the difficulties Armenia faced in the beginning of 2009, the country has managed to survive the crisis, Armenian Finance Minister Tigran Davtyan said.

In 2009 insurance sector provided 3-4% increase in Armenia in total decline of economy in the country

In 2009 insurance sector provided 3-4% increase in Armenia in total decline of economy in the country

Armenian finance minister not so happy about Armenian banks’ behavior amid crisis

Armenian finance minister not so happy about Armenian banks’ behavior amid crisis