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Daily Archives: Mar 26, 2015

Stiff competition among banks in Armenia downs their profitability

Reduction of interest spread under a stiff competition among Armenia's banks downed their profitability

Armenia’s government taking steps to spur lending – vice-premier

Armenia's government, central bank and commercial banks are taking joint steps to spur lending, Vache Gabrielyan, vice-premier and economic integration and reforms minister, said on Thursday

Armenian government raises $487.84 million from second Eurobond issue

Armenia has raised $487.84 million from the second issue of Eurobonds, deputy finance minister Pavel Safaryan said at a Cabinet session today

Eurasian Development Bank’s current investment portfolio to be built up to at least $4.7 billion by late 2017

The Eurasian Development Bank’s current investment portfolio will be built up to no less than $4.7 billion by late 2017, the bank says in the presentation of key directions of its activity