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Daily Archives: Feb 5, 2014

VTB Bank (Armenia) plans to bring to Yerevan world-class Russian singer

The Russian-owned VTB Bank (Armenia) plans to bring to Yerevan a Russian world-class singer, the bank’s CEO, Yuri Gusev told a news conference today

IMF and Armenian authorities reach agreement on 38-month extended fund facility worth $125 million

The IMF said February 4 its staff has reached agreement with the Armenian authorities on their request for a 38-month Extended Fund Facility (EFF) arrangement

ROSGOSSTRAKH ARMENIA named again best in cooperating with armenian financial ombudswoman

ROSGOSSTRAKH ARMENIA insurance company was named the best partner insurance company for the fourth year in a row by the Office of Armenia’s Financial Ombudswoman

Interest spread in Armenia’s banking sector at 4.62% in December 2013

Interest rate spread of Armenia commercial banks was 4.62% in December 2013, a reduction of 1.31 percentage points against December 2012, ArmStat reported. A reduction of 0.18 pp was recorded compared to November