Daily Archives: Dec 2, 2010

Share Of Armenian Banks’ ‘Bad’ Loans Is 4.8%, Imf Resident Representative

The share of Armenian banks’ ‘bad’ loans is about 4.8%, said the IMF Resident Representative to Armenia, Guillermo Tolosa.

IMF May Revise Its Forecast For Armenian Economic Growth In 2010

The IMF Resident Representative to Armenia, Guillermo Tolosa said today that IMF may revise its forecast for Armenian economic growth in 2010

Armenian Ameriabank reaches final stage of international virtual banking competition

Armenian Ameriabank reaches final stage of international virtual banking competition

Armenia’s monetary base grows 1.4% AMD 444.4 billion in October

Armenia’s monetary base grew 1.4% or by AMD 6036 million over October to AMD 444.4 billion.

HSBC Bank Armenia and Cascade Insurance embark on joint sale of insurance products

HSBC Bank Armenia and Cascade Insurance start selling insurance products, HSBC Bank Armenia CEO Astrid Clifford.