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Daily Archives: Oct 21, 2011

Jrbashyan: Armenia’s banking sector expected to grow at least by 10% in five years

Armenia’s banking sector is expected to grow at least by 10% in the coming five years, Ameriabank Development Director Tigran Jrbashyan said Thursday at a news conference.

$99.1 million sold, $80.8 million bough by Armenia’s commercial banks between oct 17 and 21

$99.1 million sold, $80.8 million bough by Armenia’s commercial banks between oct 17 and 21.

Armenian Central Bank expects yearend inflation to be within projected level of 4% (± 1.5%)

Armenian Central Bank expects yearend inflation to be within projected level of 4% (± 1.5%).

EBRD and Anelik Bank help exporters and importers

EBRD and the Armenian Anelik Bank will help exporters and importers within the frameworks of a loan agreement on trade financing.

Ameriabank considering purchase of bank in Georgia

Ameriabank is considering the possibility of buying a bank in neighboring Georgia, Ameriabank marketing director, Tigran Jrbashian, told.