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Daily Archives: May 12, 2016

ARKA news agency releases fresh issue of ‘Banks of Armenia’ bulletin

ARKA News Agency released a new issue of its quarterly bulletin “Banks of Armenia” for the first quarter of 2016

Armenian insurance companies paid 2.5 billion drams in 12,924 car insurance compensation claims in four months of 2016

Six Armenia-based insurance companies paid a total of 2.5 billion drams in 12,924 car insurance compensation claims in the first four months of 2016

Armeconombank signs $10-million loan agreement with two European financial organizations

Armeconombank has signed a $10-million loan agreement with Symbiotics S.А (Switzerland) and Micro, Small & Medium Enterprises Bonds S.A (Luxemburg), the press office of the bank reports

Armenian commercial banks’ lending to processing industry shrinks 2.2% to AMD 169.1 billion in March

Armenia’s commercial banks lent AMD 169.1 billion to processing industry in March 2016 – 2.2% less than in February 2016, the Central Bank of Armenia says in a fresh issue of its monthly bulletin