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Daily Archives: Feb 14, 2014

On St. Valentine’s Day RESO insurance company offers gift insurance cards

n St. Valentine’s Day RESO insurance company offered its customers to buy Gift Insurance cards for their loved ones worth from 10,000 to 50,000 drams

Armenian Central Bank head off to Greece for BSTDB session

The chairman of Armenia’s Central Bank, Arthur Javadyan and head of financial system development and stability department Andranik Grigoryan have left for nThessaloniki (Greece)

Fitch affirms Armenia at ‘BB-‘; Outlook Stable – report

Fitch Ratings has affirmed Armenia’s long-term foreign and local currency Issuer Default Ratings (IDRs) national currency ratings at 'BB-', the press service of the agency told ARKA

Total liabilities of armenian credit organizations reach 132.2bln drams in 2013

Total liabilities of Armenia’s credit organizations rose by 25.2% to 132.2 billion drams in 2013 compared to 2012

Armenian credit organizations’ retained earnings rose to AMD 5.7bln in 2013

Retained earnings of Armenian credit organizations amounted to about 5.7 billion drams in 2013, an increase of 19.5% over the year, says the Central Bank of Armenia in the review of credit organizations for the fourth quarter 2013

Total capital of Armenia’s credit organizations stood at 77.6bln drams in Q4

Total capital of Armenia’s credit organizations hiked by 23.4% to 77.6 billion drams in the fourth quarter of 2013, says the Central Bank of Armenia review of credit organizations for Q4

Time deposits from individuals rose to 741.7bln drams over 2013

Time deposits from individuals amounted to 741.7 billion drams over 2013, an increase of 25.4% against the year before, says the Central Bank of Armenia in its review on commercial banks for the fourth quarter