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Monthly Archives: December, 2010

Ameriabank congratulates Yerevan-based centenaries

Ameriabank congratulates Yerevan-based centenaries.

IFC finances 18 projects in Armenia since 200, worth $87 million

The International Financial Corporation (IFC) has financed 18 projects in Armenia since 2000, worth $87 million, said today Arman Barkhudarian, an IFC advisor on investment issues.

Central bank’s stabilization fund has 46 billion drams: PM

Armenian prime minister Tigran Sarkisian said today the Central Bank’s Stabilization Fund has 46 billion Drams.

Prime minister: lending in Armenia grows by AMD 138 billion in 2010

Lending in Armenia grew by AMD 138 billion in 2010, compared with the previous year, Prime Minister Tigran Sargsyan said Thursday at a regular meeting of the cabinet ministers.

Bank VTB Armenia branches to work January 4,.5 and 6 to pay pensions

Bank VTB (Armenia) said some of its branches will be open January 4,5 and 6 as the rest will open only on January 10, Monday.

Armeconombank, IFC sign $10-million loan agreement

Armeconombank and International Finance Corporation signed a $10-million loan agreement in Yerevan on Thursday.

Byblos Bank Armenia launches its $5-million program of financing small- and mid0scale businesses

Byblos Bank Armenia launches its $5-million program of financing small- and mid0scale businesses

CBA registers two new bank branches

The Central Bank of Armenia (CBA) said it had registered December 22 the Komitas branch of Araratbank.

Liquidation of VTB Leasing is a technical decision: CEO

In order to optimize its businesses Russian VTB Group has made a strategic decision to implement leasing operations and transactions in Armenia through its subsidiary Bank VTB (Armenia), the latter said in a statement today.

Araratbank makes fourth repayment of coupon income of third issue of bonds

Araratbank said Monday it made the fourth repayment of coupon income of the third issue of bonds, worth 6.25 million Drams.

Average mortgage loan interest rate drops by 0.7 percentage point in the first half of 2010 to 13.9%

Average mortgage loan interest rates in Armenia dropped by a 0.7 percentage point in the first half of 2010 to 13.9%.

Dollar losses 0.3 p.p. At NASDAQ OMX Armenia stock exchange

On Monday, the U.S. dollar lost 0.3 p.p. from its Friday’s value and traded at 361.03 drams at NASDAQ OMX Armenia Stock Exchange.