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Daily Archives: Dec 11, 2012

VTB Bank (Armenia’s) outstanding lending to small and medium-sized businesses stands at 41 billion drams

VTB Bank (Armenia’s) outstanding lending to small and medium-sized businesses in Armenia currently stand at 13 and 28 billion drams respectively

Situation in Armenia’s currency market stabilized: IMF

After a period of devaluation of Armenian national currency, the dram, in May and June, now the situation in the local currency market has stabilized thanks to the efforts of the Central Bank

Eurasian Development Bank to provide $15 million loan to VTB Bank (Armenia) to finance Armenian small and medium businesses

The Eurasian Development Bank (EDB) will provide a $15 million loan to VTB Bank (Armenia) for on-lending to small and medium businesses

Armenian economy may expand this year 6.2 percent, IMF resident representative says

he International Monetary Fund (IMF) Resident Representative to Armenia, Guillermo Tolosa, said

EDB’s investment portfolio in Armenia hits $94 mln

The investment portfolio of the Eurasian Development Bank (EBD) in Armenia has totaled $94 million since 2009

Limited time special offer from Bank VTB (Armenia), ahead of new year

Bank VTB (Armenia) has prepared another present for its deposit holders, ahead of the New Year festivities, the bank’s press service reported