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Monthly Archives: June, 2012

Georgian financier calls for merging Armenian, Georgian securities market

Gayoz Sanadze, director-general of the Central Depository of Georgia suggested that

Ameriabank’s new program for young specialist launched in Armenia

Ameriabank’s new program Ameria Generation aimed at supporting young specialists is launched in Armenia.

Armeconombank to pay 225 dram dividends per share

Armeconombank will pay 225 drams of dividends per share to its shareholders for 2011 performance, Anahit Simonian, a member of the Board of the Bank, said today at the annual shareholders meeting

Armeconombank earns 497, 3 million drams in net profit last year

Armeconombank earned 497.3 million drams in net profit in 2011, an increase of 41.3% over the previous year, the Bank’s CEO, Armen Naljian, told an annual meeting of shareholders today

IMF downgrades external current account deficit forecast for Armenia to 10% of GDP

IMF downgraded external current account deficit forecast for Armenia to 10% of GDP in 2012 and 8.7% of GDP in 2013.

Banks’ lending to education fetches up nearly AMD 2.9 bln in Armenia

Lending to education totaled in nearly 2.9 billion drams as of late May, up by 16.5% from April 30, the website of Armenia’s Central Bank shows

VTB Bank (Armenia) launches “General Summer” campaign via “Perspective+” deposit

VTB Bank (Armenia) said Friday it launches new campaign “Generous summer” via “Perspective+” deposit

Second phase of DCFTA between Armenia and EU slated for early October

Second phase of DCFTA between Armenia and EU slated for early October.

Finland says problematic states should issue secured bonds

Prime Minister of Finland Jyrki Katainen said problematic states of the euro zone should auction secured bonds for making it easier to enter the markets and reducing the cost of their borrowings, RIA Novosti reports

IDRAM clients already can cash their electronic money

Idram Company, together with Prometey Bank and MasterCard International payment system, presented Master Standard

MP: Medical insurance to become widespread in armenia in next five or ten years

Ara Babloyan, head of Armenian National Assembly’s healthcare, maternity and childhood committee, speaking Thursday at a news conference

Expert says armenian dram may depreciate up to 470 drams per one USD

The Armenian national currency, the dram, will keep on losing its value against the greenback and under the best scenario may drop to 425 drams per one USD