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Daily Archives: Nov 8, 2011

Bank VTB (Armenia) recognized as the most popular bank in Armenia – survey

Bank VTB (Armenia) took the first place in the nomination “The most popular bank of Armenia” according to the results of the survey conducted in June-October 2011 by the consulting company Credit AM.

Central bank of Armenia approved the program of monetary-credit policy for the 4th Quarter of 2011

CBA Board of Armenia approved the program of monetary-credit policy for the forth quarter of 2011, press-service of CBA informed ARKA News Agency.

Araratbank signs $12 million syndicated loan agreement

Armenian Araratbank has signed an agreement with three foreign banks today which will provide it with a $12 million syndicated loan for on-lending to small businesses.

Net profits of Armenian banks in first nine months grows by 18.4% to 24.5 billion drams

Net profits of Armenian banks in the first nine months grew by 18.4% from a year earlier to about 24.5 billion drams.

Armenian National Mortgage Company to place first issue of bonds November 24

Armenian National Mortgage Company to place first issue of bonds November 24.

Armenian Banks Pay 17.9 Billion Drams In Taxes For Nine Months

The list of 1,000 largest Armenian corporate taxpayers in the first nine months of 2011 comprised 21 commercial banks, which paid a total of 17.9 billion drams

ACBA-CREDIT AGRICOLE BANK ISSUES 16,000 ACBA-Transfer plastic cards

Armenian ACBA-CREDIT AGRICOLE BANK said it has issued 16,000 ACBA-Transfer plastic cards during the year.