Monthly Archives: January, 2012

Statistical report: economic activity index rises 5.9% in Armenia in 2011

Economic activity index rose 5.9% in Armenia in 2011, compared with 2010, National Statistical Service of Armenia reports.

Consumer basket fell in the forth quarter by 1% to 53 288.7 drams

The cost of consumer basket in Armenia in the forth quarter of 2011 fell by 1% compared to the third quarter and as of the end of December making 53 288.7 drams (in one month) Armenian National Statistic Service informs.

Lending to resident customers increased by 3.3% in December 2011 to 1.2 trillion drams

Lending to resident customers increased by 3.3% in December 2011 to 1.2 trillion drams.

Rosgosstrakh Armenia top executives to speak at news conference Wednesday

Rosgosstrakh Armenia top executives to speak at news conference Wednesday

Areximbank-Gazprombank Group joins Blizko remittances system

The Russian-owned Areximbank-Gazprombank Group said today it has joined Blizko international system of instant money transfers for individuals without account opening.

BTA Bank Armenia’s Kentron branch moves to new address

The Central Bank of Armenia said the Kazakh-run BTA Bank’s Kentron branch in Yerevan has moved to 29-29, Sayat Nova street.

Number of Visa and Mastercard international plastic cards issued by Anelik bank grows 30% in 2011

The number of Visa and MasterCard international plastic cards issued by Anelik Bank grew 30% or by 6,000 in 2011, the bank’s press office reported on Monday.

Yuri Gusev appointed Bank VTB (Armenia) acting CEO

The supervisory board of Bank VTB (Armenia) has appointed Yuri Gusev as acting CEO, the bank’s press office reported on Monday.

Ameriabank to announce merger or takeover deals in spring

Ameriabank to announce merger or takeover deals in spring.

Standoff between Ameriabank and Hayastan trade center solvable

Standoff between Ameriabank and Hayastan trade center solvable.

Armenia’s household deposits in foreign currency rise by 3.5% in December to 342.6 billion drams

Armenia’s household deposits in foreign currency rise by 3.5% in December to 342.6 billion drams.

Armenia: currency market review for January 23 -27

The average exchange rate of USD at NASDAQ OMX Armenia stock exchange last week dropped by 0.06% to 387.28 drams, as the overall weekly trading amounted to $18.325 million, a 37.78% increase compared to the previous week.