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Daily Archives: Jun 26, 2012

IFC, Canada, and HSBC support environmentally friendly projects in Armenia

IFC, a member of the World Bank Group, with the support of the Government of Canada, is helping HSBC Bank Armenia expand its financing of renewable energy and energy efficiency projects

Armenian commercial banks’ aggregate credit investments in resident economy grow 3.6% to AMD 1372.4 billion in May

Armenian commercial banks’ aggregate credit investments in the resident economy reached more than AMD 1372.4 billion in late May after growing 3.6% since late April

Mortgage lending by armenian banks grows to 116.8 billion drams by late May

The volume of mortgage loans provided by Armenia-based 21 commercial banks totaled more than 116.8 billion drams at the end of May, having increased by 2.7% from April

First Armenian-Georgian financial markets forum to be held in Yerevan

On June 29, 2012 NASDAQ OMX Armenia will host the 1st Armenian-Georgian Financial Markets Forum in Dilijan, Armenia

Gold prices go up 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 for the current week

Banks’ assets/ GDP ratio reports 54.1% in Armenia last year

The ratio of banking assets to GDP of Armenia was 54.1% as of 2011 against 44.5% in 2010, according to the data published on Armenian Central Bank’s website