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Daily Archives: Apr 2, 2015

VTB Bank (Armenia) offers clients higher interest rates for remote opening of deposits

VTB Bank (Armenia) offers its clients an opportunity of remote opening of deposits with a preferential interest rate, the press office of the bank reported on Thursday

Armenia’s central bank registers Artak Ananyan as chief executive officer of Areximbank – Gazprombank Group.

Armenia’s Central Bank passed yesterday a decision to register Artak Ananyan as chief executive officer of. Areximbank - Gazprombank Group

Armenian banks’ liquidity drops to 25.1% in 2014

The total liquidity level (high-quality liquid assets to total assets) of Armenia’s commercial banks dropped by 4.4 percentage points to 25.1% in 2014, the website of the Central Bank of Armenia (CBA) says

Capital adequacy ratio of Armenia’s banks drops to 14.5%, still above the minimum requirement

The capital adequacy ratio (the percentage of capital to risk-weighted assets) of Armenia’s banks was 14.5% in 2014, as compared to 16.7% the year before