Monthly Archives: March, 2012

European Investment Bank approved the credit in the amount of 30.8 million euro by modernization program of state borders of Armenia

European Investment Bank approved the credit in 30.8 million euro within modernization program of state borders of Armenia, said Deputy Finance Minister Vardan Aramyan in the meeting with the Prime Minister of Armenia on the issues of modernization of checkpoints “Bagratashen”, “Bavra” and “Gogavan”.

The size of foreign currency deposits of households in Armenia in February was 348.6 billion drams

The size of foreign currency deposits of households in Armenia attracted by commercial banks was 348.6 billion drams by the end of February 2012, says the site of Central Bank of Armenia.

2.2% year-on-year inflation in Armenia in March from a year earlier

Armenia recorded 2.2% inflation in March 2012 from a year earlier

AREXIMBANK-GAZPROMBANK GROUP’S internet banking used mainly by corporate clients

The Russian-owned Areximbank-Gazprombank Group has released today

ARMENIAN CENTRAL BANK travels to Beirut for round-table discussion

A delegation led by Arthur Javadyan, chairman of the Central Bank of Armenia

Lending to residents grows 2.9% to amd 1280.6 billion in Armenia

Armenian commercial banks’ aggregate lending to residents grew 2.9%

Cashless payments through Central Bank’s payment systems in fourth quarter of 2011 surged by 18.4%

Cashless payments through Central Bank’s payment systems in fourth quarter of 2011 surged by 18.4%.

Anelik Bank launches scoring system for business-loans rating

Anelik Bank has launched for the first time in Armenia its own special scoring system for business-loans rating, the Bank’s press service reported ARKA on Thursday.

Ratio of Armenia’s banking system assets to GDP is 54.1% in 2011

The ratio of Armenia’s banking system assets to the country’s GDP jumped by 9.6 percentage points to 54.1%, according to the Bulletin of the Central Bank of Armenia.

World Bank approves us $1.82 million grant for nergy efficiency project for Armenia

The World Bank’s Board of Executive Directors approved March 27 a US$1.82 million grant from the Global Environment Facility (GEF) Trust Fund for the Energy Efficiency Project for Armenia, WB Yerevan Office said.

Share of Bank VTB (Armenia) in individual deposits market enlarged from 8.7% to 9.3% in 2011

Bank VTB (Armenia) has upgraded its rank in individual deposit attraction rating by enlarging its share in this segment of market from 8.7% to 9.3% in 2011.

Loan portfolio of VTB Bank (Armenia) increased by 41.8% last year to 122.7 billion drams

The loan portfolio of Russian-owned VTB Bank (Armenia) in 2011 surged by 41.8% to 122.7 billion drams, the Bank told ARKA today