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Daily Archives: Apr 30, 2015

Anelik bank’s loan portfolio grows by 41 percent to 62 billion drams

Yerevan-based Anelik Bank said today its loan portfolio surged by 41.2% to 62 billion drams for the first three months of this year from the year before. The bank’s overall deposit portfolio surged by 24%, while individual deposits saw a more than 30% rise

Armenia’s total public debt hikes by 6% to $4,619.9 billion in March

YEREVAN, April 30. /ARKA/. Armenia’s total public debt stood at $4,619.9 billion at the end of March 2015, having...

Russia’s Central Bank cuts benchmark interest rate to 12.5 percent

Russia’s Central bank has cut the benchmark interest rate to 12.5 percent from 14 percent, saying inflation and risks to the ruble have subsided while economic growth is suffering

Law-enforcement authorities detain two men suspected of selling fake euros

Armenia’s law-enforcement authorities have detained two men suspected of selling a large batch of fake euros as part of a criminal case, being handled by the Investigative Committee’s branch in the town of Ararat, the administrative center of the same name province