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Daily Archives: Aug 17, 2012

Japan’s economy expected to expand 1.7 percent in the new fiscal year

Japan's economy is expected to expand 1.7 percent in the fiscal year beginning in April 2013 after an anticipated increase of 2.2 percent in the current business year, RBC reported citing Reuters

Time deposits of individuals and private entrepreneurs grew 18.4 percent in q 2 to 509.6 billion drams

The amount of time deposits in Armenian banks, owned by individuals and private entrepreneurs grew 18.4 percent in the second quarter of 2012 from the beginning of the year to 509.6 billion Drams

Armenia’s industry lending totals 23.8%, nearly AMD 338.4 bln in June

Industry lending by Armenian banks rose by 5.2% to over 338.4 billion drams in June from May, 23.8% of the total lending, according to the data available on Central Bank’s website

Fitch affirms Russia’s rating

Fitch Ratings has affirmed Russia's Long-term foreign and local currency Issuer Default Ratings (IDR) at 'BBB' with Stable Outlooks, Reuters reports