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Daily Archives: Feb 11, 2014

Armenian credit organizations’ loan portfolio grows 20.8% to AMD 137.1 billion in late December 2013

Armenian credit organizations' aggregate loan portfolio amounted to AMD 137.1 billion in late December 2013 after growing 20.8% since the same month a year before

Armenia’s Central Bank cuts key refinancing rate by 0.25 basic points to 7.5 percent

The Central Bank of Armenia said it has cut the key refinancing rate today by 0.25 percentage points to 7.5%

Commercial banks in Armenia report 18.5 percent rise in customer number as of 2013 November

In late November last year all 21 Armenia-based commercial banks had a total of 2,866,419 customers, an increase of 18.5 percent when compared to the same period in 2012

Raffle winner gets Nissan Micra from ACBA-CREDIT AGRICOLE BANK

ACBA-CREDIT AGRICOLE BANK has handed keys to Nissan Micra to Armen Ter-Grigoryan, the winner in the car raffle among cardholders, the bank’s press office reported

IFC to expand services in Armenia for improving investment climate – Liubek

The IFC is planning to expand its consulting services in Armenia to improve investment climate while focusing on agro-industry, financial sector and renewed energy

Russia’s Central Bank revokes Evrotrust’s license

The Central Bank of the Russian Federation has revoked the license of Evrotrust (European Trust Bank) for banking operations