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Daily Archives: Jun 11, 2013

Inecobank joins avers money transfer system

Inecobank joined AVERS money transfer system on June 10, the bank’s press office told ARKA News Agency today

Armenian banks’ lending to residents grows 0.5% to AMD 1.6 trillion in April 2013

Outstanding loans extended by Armenian commercial banks to residents totaled AMD 1.6 trillion in April after growing 0.5%, compared with the previous month, the Central Bank of Armenia says in its report summarizing monetary indicators for April 2013

Interest spread of Armenian banks in April 2013 dropped by 1.7 percentage point to 5%

The interest spread of Armenian banks in April 2013 dropped by 1.7 percentage point from a year earlier to 5%, the Central Bank of Armenia

EDB plans no real property construction projects in Armenia

The European Development Bank is not planning any commercial real property construction, including trade centers, head of EDB Yerevan office Sergey Ignatov said

EDB funded total of 80 SME projects in Armenia

The Eurasian Development Bank has funded a total of 80 small and medium-sized enterprise (SME) projects through local banks in Armenia, head of EDB Yerevan office Sergey Ignatov said

Total investments in government bonds rise 1% to AMD 252.3bln

Total investments in government bonds rose by 1% in April compared to March and amounted to 252.3 billion drams, the monthly bulleting of the Central Bank of Armenia for April says