Daily Archives: Oct 4, 2011

Procredit bank to build up its business lending portfolio to $96.5 million in 2012

ProCredit Bank intends to build up its business lending portfolio from present $54.5 million to $96.5 million in 2012, Asmus Rotne, executive director of the bank, said Tuesday at a news conference.

Procredit bank in Armenia to take up more dynamic and aggressive strategy

ProCredit Bank in Armenia will implement a more dynamic and aggressive strategy, Ghristoph Freytag, chairman of ProCredit Holding, said today.

Transactions of ArCa in “Areximbank-Group of Gazprombank” in September increased by 21.8%

Volume of ArCa cards in the network of “Areximbank-Group of Gazprombank” increased by 21.8% in September 2011 compared to September 2010.

Bank VTB (Armenia) continues to increase professional skills of middle level managers

The Russian-owned Bank VTB (Armenia) said today in a press release that it continues to raise the professional skills of its middle level managers.

Population of Armenia prefers to invest in foreign currency time deposits

Population of Armenia in August preferred to invest money in foreign currency time deposits, total volume of which was 308.8 billion drams.