Daily Archives: Mar 3, 2010

Armenian banks’ aggregate liabilities grow 32.9% to AMD 1059.3 billion in 2009

Armenian banks’ aggregate liabilities grow 32.9% to AMD 1059.3 billion in 2009

ACBA-Credit Agricole Bank’s credit portfolio reaches AMD 90.1 billion in 2009

ACBA-Credit Agricole Bank’s credit portfolio reached AMD 90.1 billion by late December 2009 against AMD 82.9 billion by the end of 2008, Stepan Gishyan, executive director general of the bank, said Tuesday at a press conference.

Insurance company RASCO registered 10 thousandth CASCO client in Armenia

Armenian insurance company RASCO registered 10 thousandth client of CASCO (insurance of cars or other transport means (ships, planes, trains) from damage or theft).

The price of insurance polis CASCO of insurance company “INGO Armenia” is reduced by 40%

Insurance company “INGO Armenia” reviewed insurance prices of car transport means (CASCO).

“Ingo Armenia” will start insurance of Armenian tourists going abroad

From January 2010 “INGO Armenia” introduced new product of tourist insurance “STANDARD SPORT” for tourists going abroad.

Armenian banks’ aggregate assets grow 29.9% to amd 1346.1 billion

Armenian banks’ aggregate assets reached AMD 1346.1 billion by late December 2009 after growing 29.9% or by AMD 309.5 billion over that year and 6.3% or by AMD 79.7 billion, compared with the third quarter.

ACBA-Credit Agricole bank’s profit AMD 4.3 billion in 2009

ACBA-Credit Agricole Bank’s profit amounted to AMD 4.254 billion in 2009, Stepan Gishyan, executive director general of the bank, said Tuesday at a press conference.