Daily Archives: Feb 2, 2011

Large number of traffic accidents reported by ROSGOSSTRAKH ARMENIA

A large number of traffic accidents caused by snowfall were reported in Armenia on Tuesday.

Armenian Central bank revises mandatory reservation norms

Armenian Central bank revises mandatory reservation norms

Areximbank-Gazprombank Group to introduce new products for plastic card holders

Areximbank-Gazprombank Group said it plans to introduce this year several new products for plastic card holders.

Armenian banks’ lending grows 11.1% in Q4, 2011

Armenian banks’ lending grows 11.1% in Q4, 2011

Ameriabank’s leasing portfolio grew 3.2 times in 2010 to AMD 1.7 billion

The Ameriabank’s leasing portfolio grew 3.2 times over 2010 reaching AMD 1.7 billion by late December.

Some $754.4 million worth deals were effected at NASDAQ OMX Armenia exchange in 2010

Speaking at the press conference on February 1, CEO NASDAQ OMX Armenia Armen Melikyan announced the market results for 2010.

Central Bank to auction 3 billion dram worth short-term treasury bonds

Armenia’s Central Bank said today it will place this month 3 billion Drams worth short-term government treasury bonds.

Armenia’s banks earn 30 billion drams in net profits last year

Armenia’s banks have posted more than 30 billion Drams in net profits for the last year, showing a crucial growth from 8.6 billion Drams in net profits earned in 2009.

Money supply of Armenia increased by 8.6% making about 911.4 billion in December 2010

Money supply of Armenia increased by 72.1 billion drams or 6% making about 911.4 billion drams in December versus November 2010.

VTB Bank (Armenia) launches automated system for making decisions on retail loans

VTB Bank (Armenia) launches an automated system for making decisions on retail loans on February 1.