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Daily Archives: Feb 15, 2013

Share of delinquent loans lent to individual customers stood at 32.13 percent at the end of quarter 4, 2012

The share of delinquent loans lent to individual customers stood at 32.13 percent of the overall outstanding loan portfolio of Armenian banks at the end of quarter 4, 2012, according to the findings of a study, made by ARKA news agency based on interim financial statements of the banks for the fourth quarter

Over amd 6.2 billion paid by three Armenian insurers in 2012 on obligatory car insurance policies

Three Armenian insurance companies paid more than AMD 6.2 billion in 2012 on obligatory car insurance policies (67.2% of about AMD 9.2 billion, the total amount of the 2012 insurance market’s compensations), according to the information available on the website of Armenian Car Insurers’ Bureau

Car insurance compensations total amd 9.2 billion in Armenia in 2012

Armenia’s insurance companies paid 45,661 compensations totaling about AMD 9.2 billion on obligatory car insurance policies, according to the information available on the website of Armenian Car Insurers’ Bureau

Armenian Banks’ lending to private enterprises up 17.5% to AMD 910 bln in 2012

Lending to private enterprises by Armenian banks rose by 17.5% to nearly 910 billion drams in 2012, according to interim financial reports of the banks for Q

US close: stocks end mixed following Heinz deal

Thursday's big news Stateside was of course the news that business titan Warren Buffett plans to buy-out food giant Heinz, Hl.co.uk reported

Student paid publication of his first book from Areximbank-Gazprombank Group scholarship

Student Michael Malkhasyan who won “On a national scale and in the interest of every student” competition and received a personal scholarship from Areximbank-Gazprombank Group