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Daily Archives: Jun 21, 2011

Armenian commercial banks’ lending to residents grows 2.7% to amd 592.4 billion

Armenian commercial banks’ lending to residents grew 2.7% in April, compared with March, to AMD 592.4 billion, the Central Bank of Armenia said reviewing monetary indicators for April 2011.

Armenian banks’ retained earnings surge nearly two times

Armenian banks’ retained earnings surge nearly two times.

Mandatory car Insurance Makes Half Of Ingo Armenia’s Portfolio

Mandatory car insurance and other voluntary insurance policies account for 50% of Ingo Armenia’s insurance company’s portfolio, company CEO, Levon Altunian, told journalists