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Daily Archives: Mar 15, 2011

Areximbank – Gazprombank group’s profit expected to reach $3.5 million by end of this year

Areximbank – Gazprombank Group’s profit is expected to reach $3.5 million by the end of this year, the bank’s press office reported on Tuesday.

Anelik bank improves terms on car loans

Anelik Bank will resume extending loans for purchasing cars in instalment, the bank’s press office reported on Tuesday. The bank also simplifies the lending procedure.

Armenian Converse Bank intends to increase number of plastic cards 20% by end of this year

Armenian Converse Bank intends to increase the number of plastic cards at least by 20% by the end of this year.

In January credit organizations of Armenia provided credits to the citizens in the amount of 59.4 billion drams

In January the size of credits provided by credit organizations of Armenia increased by 2% making 59.4 billion drams.

Armenian economy’s dependence on US Dollar drops by 1.8% in February: CBA

The Central Bank of Armenia (CBA) said in a report after a March 4 Board meeting that the level of Armenian economy’s dependence on US Dollars (dollarization) dropped by 1.8% in February 2011.

IFC and Eurasian Development Bank sign cooperation agreement

IFC and Eurasian Development Bank sign cooperation agreement.