Daily Archives: Jan 18, 2013

Retained earnings of Armenia-based banks in 2012 grew by 14.66 percent to 42.4 billion drams

Retained earnings of 21 Armenia-based banks in 2012 grew by 14.66 percent from the previous year to 42.4 billion drams, according to ARKA news agency’s Banks of Armenia bulletin.

HSBC pledges $15 million of additional funding to future first: $155 thousand were allocated to COAF

HSBC has pledged US$15 million of additional funding to Future First, the Group’s flagship global education program that aims to tackle child poverty and youth unemployment through access to education

No USD and EURO transactions made at NASDAQ OMX ARMENIA on Jan 18

No transactions in USD and euros were made at NASDAQ OMX Armenia stock exchange on January 18

VTB Bank (Armenia) finances greenhouse construction project of MAVAS GROUP LLC

VTB Bank (Armenia) said Friday it had allocated funds to MAVAS GROUP LLC for construction of a new greenhouse where farmers will grow organic vegetables

Anelik Bank introduces “Available”

Anelik Bank announces Friday on introducing “Available” new deposit

Every client should be confident of his bank’s reliability

In December 2012, Areximbank – Gazprombank Group got an official status of a company enjoying ISO 27001 (International Standards Organziation) certificate. The certification has been carried out by Certification International United Kingdom, a respected audit company. Areximbank – Gazprombank Group is one of the first commercial banks in Armenia to receive such a certificate

“If you look past the political dysfunction, the economy looks encouragingly resilient”, Geithner told wall street journal

In a half-hour interview with The Wall Street Journal in his final days as Treasury secretary, Timothy Geithner reflected on the financial crisis and the response he helped craft. Among other things, he said, the government's rescue of the financial system was doomed to be unpopular