Daily Archives: Dec 12, 2012

Armenian card issues 42,200 new plastic cards in November

Armenian Card (ArCA) payment system issued 42,242 new plastic cards in November 2012, by 18% more from the same month a year earlier, the company said in a press release

Areximbank-Gazprombank Group customers to insure their vehicles at bank’s any branch

The customers of Areximbank-Gazprombank Group CJSC will be able insure their vehicles in all branches of the bank and get a mandatory car insurance policy

EDB to open credit line for Areximbank in 2013

The Eurasian Development Bank (EDB) is planning to open a credit line for Areximbank to finance trade and energy efficiency projects in 2013

Overdue credit investments of Armenia’s Banks down 5.3% to AMD 11.8 bln late October

Overdue credit investments of the Armenian banks at the end of October slashed by 5.3% from September to 11.8 billion drams

Armenia’s Central Bank leaves key rate unchanged at 8%

The board of the Central Bank of Armenia decided Tuesday to leave the current eight-percent benchmark refinancing rate unchanged, the regulator’s press office reports

Average dollar mortgage interest rate drops 1.5 pp to 12.4% in Armenia in October

Average annual interest rate on dollar mortgage loans dropped by 1.5 percentage points to 12.4% in Armenia in October

“Areximbank – Gasprombank Group” awarded certificate for compliance iso 27001: 2005

“Areximbank – Gasprombank Group” closed joint stock company has successfully passed compliance certification in information security ISO 27001: 2005

Credit portfolio of “Areximbank – Gasprombank Group” grows to 7.4bln drams over last 2 years

Loans extended by “Areximbank – Gasprombank Group” closed joint stock company to small and medium enterprises (SME) grew over the last two years