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Monthly Archives: August, 2013

Areximbank – Gazprombank Group’s loan portfolio built up 5.5% over 2nd Q to AMD 94.7 billion

Areximbank – Gazprombank Group’s loan portfolio, including credit lines, reached AMD 94.7 billion by late June after growing 5.5% or by AMD 5.1 billion over the second quarter, the bank’s press office reported today

Money stock in Armenia grows 2.1% to about AMD 1412.2 billion in July

Money stock in Armenia reached about AMD 1412.2 billion in late July after growing 2.1% over one month, according to the National Statistical Service’s report based on the central bank’s figures

Finance ministry: Armenia’s seven-month budget performed with AMD 51 billion surplus

Armenian government has performed the Jan-July part of the 2013 budget with AMD 51.1 billion surplus, the press office of the finance ministry reports

Armenia’s monetary base grown 10% over July

Armenia’s monetary base grew 10% in July 2013, compared with the previous month, to about AMD 724.9 billion, the National Statistical Service of Armenia reports referring to the central bank’s figures

Trade lending by Armenia’s banks drops by 1.5% to AMD 346.9 bln in Q2

Trade lending by Armenia’s commercial banks shrank by 1.5% to about 346.9 billion drams as of the end of June 2013, compared to the quarter before

Armenia’s gross international reserves rose 8.9% to $1,749.5 mln in July

Armenia’s gross international reserves totaled $1,749.5 million in July, an increase of 8.9% compared to June, the Central Bank of Armenia reports

Asia stocks subdued as Japan data, Syria weigh: AP

Asian stock markets were subdued Friday after Japanese manufacturing undershot expectations and worries about Syria's civil war dampened investor spirits

Armenian banks’ lending to industrial sector grows 1.1% to 300.9bln drams in Q2

Armenian banks’ loans to industries rose by 1.1% to about 300.9 billion drams as of the end of June 2013, compared to the quarter before

Dollar gains as Syria worries trigger safety bid: CNBC

The U.S. dollar rallied across the board on Wednesday as investors sought the greenback's safety given the possibility of Western military action in Syria

Asian mostly higher after US gains but Syria fears remain: CNBC

Asian equities were mostly higher on Thursday as sentiment improved following a positive handover from Wall Street but ongoing tensions in the Middle East limited gains

Armenian banks’ net inflow AMD 97.2 billion in 2nd Q 2013

Net inflow of cash into Armenian banks amounted to about AMD 97.2 billion in the second quarter of this year

Armenian banks’ lending to state-funded enterprises grew by 2.9% to about 74.5 bln drams in Q2

Armenian banks’ lending to state-funded enterprises grew by 2.9% to about 74.5 billion drams in the second quarter of 2013