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Monthly Archives: April, 2013

Arka News Agency marks 17 years of activity in Armenia’s media filed

ARKA news agency turns 17 on May 1. Quite a long time not only for a media outlet, but also for any company, a testimony of its stability

Ardshininvestbank posts 4.2 billion drams in net profit in 2012

Armenian ARDSHININVESTBANK has announced today the results of its activities for the year 2012, on the basis of its audited consolidated financial statements in compliance with the IFRS

Armenia’s commercial banks paid AMD 8.6 bln in taxes in 1Q 2013

All the 21 commercial banks of Armenia were listed amid the 1000 major taxpayers in the first quarter of 2013. They filled the budget with nearly 8.6 billion drams, according to the State Revenue Commission

Armenia’s money supply rose 1.3% to AMD 1,363.9 bln in March

Armenia’s money supply rose by 1.3% to over 1,363.9 billion drams

Eleven credit organizations listed in Armenia’s 1Q 1000 major taxpayers

Eleven credit organizations were listed amid Armenia’s 1000 major taxpayers in the first quarter of 2013. They allocated 895.2 million drams to the budget, according to the State Revenue Committee of Armenia

Armenia posted 0.1% deflation in April 2013

Armenia reported 0.1% month-over-month deflation in April 2013, according to the National Statistical Service of Armenia

2012 audited net profit of Bank VTB (Armenia) exceeds AMD 3.8 bln

Net profit of Bank VTB (Armenia), according to audited financial statements for 2012, amounted to 3,821 million drams, the bank’s press office reported

ACBA-CREDIT AGRICOLE BANK gets status of depository account operator

ACBA-CREDIT AGRICOLE BANK is awarded the status of a depository account operator, it reported to ARKA on Tueesday

“Telephone of trust” now operates at Areximbank-Gazprombank Group

“Telephone of trust” is now available at Areximbank-Gazprombank Group. It aims to raise the quality of the services, the bank reported to ARKA agency on Tuesday

Asatryan: Official rate of monetization of Armenian economy doesn’t reflect real things

The official rate of monetization of Armenia’s economy doesn’t reflect real things at the money market because shady dealings are commonplace here, Bagrat Asatryan, a former chairman of the Central Bank of Armenia, said today

First quarter budget performed with 25.1 billion drams surplus

In the first quarter of 2013 Armenian tax authorities collected a total of 231.3 billion drams in revenue, while the government spending amounted to 206.1 billion drams. The resulting budget surplus was 25.1 billion drams, deputy finance minister and chief treasurer Artyom Janjugazian, said today

Gold price rose in Armenia

The State Depository of Precious Stones and Metals Agency, an affiliation of Armenian Finance Ministry