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Daily Archives: Nov 7, 2012

Loans provided by Armenia’s crediting organizations to residents grew by 4.5 percent in third quarter to 144.4 billion drams

The amount of loans provided by Armenia’s crediting organizations to residents, including placed deposits, factoring and leasing, grew by 4.5 percent in the third quarter to 144.4 billion drams

Fitch: No fiscal honeymoon for president Obama

The newly re-elected US President Barack Obama will need to quickly secure agreement on avoiding the 'fiscal cliff' and raising the debt ceiling following Tuesday's elections, Fitch Ratings says

Armenia’s ACBA-CREDIT AGRICOLE BANK gets iso/iec 27001 cyber security standards certificate

Armenia’s ACBA-CREDIT AGRICOLE BANK has got ISO/IEC 27001 cyber security standards certificate from Certification International (UK), the bank’s press office reported today

Foreign currency household deposits 415.6 bln drams in Armenia by end-September

Foreign currency household deposits in Armenian commercial banks totaled in 415.6 bln drams by the end of September 2012, the website of Armenia’s Central Bank reports

Private transfers to Armenia up 8.6% to over $1.2 bln over 9 months

Armenia received over $1.2 billion in private transfers to individuals for non-commercial purposes within January-September 2012

Aggregate assets of Armenian banks grow 4.3% to 2.3bln drams in Q3

Aggregate assets of Armenian banks grew by 4.3% up to 2.3bln drams in the third quarter against Q2, the Central Bank of Armenia (CBA) says in its quarterly review

Retained earnings of Armenian credit organizations up at 3.8bln drams in 9 months

Retained earnings of Armenian credit organizations exceeded 3.8bln drams in the first 9 months of 2012