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Monthly Archives: January, 2010

Armenia may seek to restructure its foreign state debt this year: cb deputy governor

A deputy governor of the Central Bank said today Armenia may seek to restructure its state foreign debt this year. Speaking at a briefing in the government Vache Gabrielian said the move would not mean that Armenia would appear in a worse condition or fall under political pressure.

Credit organizations lend AMD 65.2 billion to residents in 4th q 2009

Credit organizations lend AMD 65.2 billion to residents in 4th q 2009

Aggregate volume of Armenian banks’ liabilities in q4, 2009 grows by 8% to 1.047 trillion drams

Aggregate volume of Armenian banks’ liabilities in q4, 2009 grows by 8% to 1.047 trillion drams

Armenian banks lend AMD 746.3 billion to residents in 2009

Armenian banks lent AMD 746.3 billion to residents in 2009.

Expert: Armenian government’s bailout policy successful and well-justified

Armenian government’s bailout policy is successful and well-justified, Gagik Minasyan, chairman of Armenian National Assembly’s finance and budget committee.

EBRD to support ArmSwissBank with 8 mln USD on-lending to small and medium companies and trade finance

The EBRD is increasing the availability of financing to private businesses in Armenia with a $5 million credit line and a $3 million trade finance facility to ArmSwissBank for on-lending to small and medium companies (SMEs), the EBRD press-release stated.

EBRD and Armswissbanksign $8 million agreement for on-lending to SME

EBRD and Armswissbanksign $8 million agreement for on-lending to SME

Former Central bank governor questions government economic growth projections

Former Central bank governor questions government economic growth projections

Parliament member predicts further depreciation of national currency

Parliament member predicts further depreciation of national currency

Ameriabank set to receive $45 million in loans this year

Ameriabank set to receive $45 million in loans this year

Armenian Ameriabank intends to attract $50 million from IFC, FMO/DEG

Armenian Ameriabank intends to borrow $50 million from international organizations for financing three credit programs, Artak Hanesyan, director general of Ameriabank, said Tuesday at a pres conference.