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Daily Archives: May 24, 2013

NASDAQ OMX Armenia admitted additional issue of ARARATBANK ojsc common nominal stocks to trading.

Starting May 24, 2013, common nominal stocks issued by ARARATBANK will be admitted to trading and included in Free market (C) of NASDAQ OMX Armenia. This additional issue of the Company’s stocks comprises 85,100 stocks with nominal value of AMD 5,000, so total number of ARARTBANK’s stocks outstanding in the market is 1,277,501

IFC and BSTDB finance armenian fruit juice producer to support job creation

The International Financial Corporation (IFC) , a member of the World Bank Group, and the Black Sea Trade and Development Bank (BSTDB) will support a leading producer of fruit juice in Armenia, benefitting the rural community by creating jobs, boosting agriculture, and increasing exports. A relevant agreemnt wa ssigned today in Yerevan

Armenia’s insurance companies posted 340.8 million drams in net profit in the first quarter of 2013

Armenia’s insurance companies posted 340.8 million drams in net profit in the first quarter of 2013. In the first quarter of 2012 they reported 688.3 million drams in losses.

Armenian Credit Organizations’ liabilities exceed AMD110.8bln late March

Aggregate liabilities of Armenia’s credit organizations rose by 5.5% or 5.8 billion drams in the first quarter to 110.8 billion drams by the end of March this year

Total assets of Armenia’s Credit Organizations hiked to 185.4bln drams in Q1

Total assets of Armenia’s credits organizations climbed by 34.3% or 47.4 billion drams to nearly 185.4 billion drams by the end of March this year

ARKA releases fresh issue of its “Credit Organizations of Armenia” bulletin

ARKA News Agency has released its economic-financial bulletin – “Credit organizations of Armenia” for the first quarter of 2013