Daily Archives: Mar 18, 2011

Weighted average of us dollar rate in NASDAQ OMX Armenia as of March 18, 2011 was 370.63 drams for $1

Weighted average of US dollar rate by transactions in NASDAQ OMX Armenia as of March 18, 2011 increased by 0.63 points compared with the indicator of previous auctions as of March 17 making 370.63 drams for $1.

HSBC bank Armenia: banking sector of Armenia significantly developed in the last years

Armenian banking system significantly developed in the last years”, Financial Director of HSBC Bank Armenia Gevorg Tarumyan said.

HSBC Bank Armenia plans considerable growth in its indicators for 2011

HSBC Bank Armenia plans considerable growth in its indicators for 2011, HSBC Bank Armenia CEO Astrid Clifford said.

HSBC Bank Armenia doesn’t exclude the opportunity of conducting close emission of bonds in 2011

HSBC Bank Armenia doesn't exclude the opportunity of conducting close emission of bonds in 2011.

HSBC Bank Armenia’s profit doubles in 2010 to AMD 5.9 billion

HSBC Bank Armenia CJSC’s profit before taxation grew more than two times over 2010 reaching AMD 5.9 billion by late December.

Deputy General Director: mortgage loans make 20-25% of credit portfolio of Bank VTB (Armenia)

Deputy General Director: mortgage loans make 20-25% of credit portfolio of Bank VTB (Armenia).

Percent rates of long-term deposits increased in January in Armenia

Percent rates of long-term deposits increased in January in Armenia.