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Daily Archives: Sep 2, 2014

Study finds VTB Bank (Armenia) most recognizable in the country

A study conducted by the IPM Research in Armenia’s capital city of Yerevan and four major cities found the Russia-owned VTB Bank (Armenia) to be the most recognizable bank across the country, the bank said in a press release today

Kamurj credit organization cuts interest rates for border regions

Kamurj universal credit organization said today it will provide residents of Armenian border regions with loans at lower rates

Central Bank auctions 0.5 billion drams worth short-term government bonds

The Central Bank of Armenia said today it had auctioned September 2 some 500 million drams worth short-term government bonds of AMGT52318159 issue with a maturity of 52 weeks

Anelik Bank joins Sigue Money Transfer system

Armenia-based Anelik Bank said today it has joined the Sigue Money Transfer system, formerly known as CoinStar

Overdue loans at Armenia’s commercial banks rise 2.5% to AMD 26.3 billion in July

Overdue loans at Armenia’s commercial banks totaled AMD 26.3 billion in late July after increasing by 2.5% over the month and made up 1.41% of their aggregate loan portfolio, National Statistical Service reports