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Monthly Archives: April, 2010

Credits of Armenian banks to resident clients grow by 5.9% in Q1 to 790.1 billion Drams

Credits of Armenian banks to resident clients grow by 5.9% in Q1 to 790.1 billion Drams

Armenian commercial banks earn 4.2 billion Drams in net profits in Q1

Armenian commercial banks earned 4.2 billion Drams in net profits in the first quarter of 2010.

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

On April 29 the Armenian Central Bank placed mid-term state treasury coupon bonds in the amount of 1 billion drams. Five-year bonds of the series AMGN60163155 were placed.

Assets of VTB Bank (Armenia) total AMD 119 billion in 2009

Assets of VTB Bank (Armenia) total AMD 119 billion in 2009

Central Bank’s steps have favorable impact on Armenia’s financial system

Central Bank’s steps have favorable impact on Armenia’s financial system

Areximbank-Gazprombank Group offers safe deposit boxes to its clients

Areximbank-Gazprombank Group offers safe deposit boxes to its clients

Mortgage portfolio of VTB Bank (Armenia) reaches about $40 million

Mortgage portfolio of VTB Bank (Armenia) reaches about $40 million

VTB Bank Armenia plans to ensure 15-20% growth of major indicators this year

VTB Bank Armenia plans to ensure 15-20% growth of major indicators this year

Armenian commercial banks pay 4.4 billion drams of taxes in Q1

The list of 1000 largest companies, compiled by the State Revenue Committee, included 21 commercial banks which paid in January-March a total of 4.4 billion Drams of taxes .

On the Road to Establishing Expert Community of Armenia

ARKA information agency unveils the findings of a survey it conducted among local independent experts, journalists writing on economic issues and prominent members of the banking community to find out what they thought about the dynamics and growth trends of major economic indicators.

Armenian Converse Bank launches e-Converse internet-banking service

Armenian Converse Bank has launched e-Converse internet-banking service, the bank’s press office reported on Tuesday.

Armenian dram gains 1.5 points against dollar

Armenian national currency climbed 1.5 percentage points against the US dollar on Tuesday, compared with Monday, the press office of the central Bank of Armenia reports.