Daily Archives: May 17, 2010

Armenia strengthening security of bank deposits

Armenia strengthening security of bank deposits

Armenian credit organizations’ aggregate liabilities reach AMD 56 billion by late march

Armenian credit organizations’ aggregate liabilities have grown 12.25% or by AMD 6.1 billion and reached AMD 56 billion by March 31.

Areximbank-Gazprombank Group introduces system of social benefits and incentives for its staff

Areximbank-Gazpormbak Group said in a press release it has introduced an expanded system of social benefits for its staff. ‘to raise the level of their social protection, to encourage leading specialists and make the staff feel more confident about tomorrow.’

VTB Bank (Armenia) lowers interest rates on lending to large and medium-sized businesses

VTB Bank (Armenia) has decided to lower interest rates on lending to large and medium-sized businesses.