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Daily Archives: Jan 10, 2012

Short-term lending interests rise in Armenia in November

Average interest rate on short-term loans extended by Armenian commercial banks in drams rose 0.22 percentage points in November.

Money supply in 2011 November grew by 2.7% to about AMD 1.071 trillion.

Money supply in 2011 November grew by 2.7% to about AMD 1.071 trillion.

Central Bank of Armenia auctions mid-term government bonds worth 1.080 billion drams

Central Bank of Armenia auctions mid-term government bonds worth 1.080 billion drams.

Armenian banks’ customers grow to 1.282 million people

The overall number of customers of commercial banks in Armenia in October 2011 grew by 1.7% from September to 1, 282, 852 people.

EDB: GDP growth to speed up in Armenia to 6-7%

GDP growth will speed up in Armenia to 6-7%, Eurasian Development Bank projects in its CIS Macromonitoring Dec 2011 Report.

Price of gold rises in Armenia

The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry, has set new prices for government agencies to buy and sell precious stones and metals which are effective from January 9 to January 15 .

Three Armenian insurance companies settle 64% of car accidents in 11 months of 2011

Three Armenian insurance companies settle 64% of car accidents in 11 months of 2011.

HSBC Bank Armenia considers 2011 successful

HSBC Bank Armenia said in a press release that it evaluates its 15th year in Armenia as extremely successful.