Daily Archives: Oct 22, 2009

ProCredit Bank takes on agricultural lending

New Branch of ProCredit Bank in Artashat marked the beginning of the implementation of Bank’s agricultural lending in Armenia.

Weighted average rate of us dollar was 386.14 drams for $1 on October 22

Weighted average of Armenian dram to US dollar as of October 22.

First All-Armenian forum of bankers will take place in 2010

On Thursday the Government of Armenia delayed the first All-Armenian forum of bankers till 2010.

Credits of WB provide continuity of educational reforms in Armenia

Credits of WB will allow to provide continuity of educational reforms in Armenia during crisis.

CB of Armenia places short-term treasury government bonds worth AMD 1 billion

On Tuesday, the Central Bank of Armenia placed 52-week AMGT5221А107 treasury government bonds worth AMD 1 billon, the central Bank’s press office reports.

VTB Bank (Armenia) and Ameriabank jointly develop payment cards

CJSC VTB Bank (Armenia) and CJSC Ameriabank continue to expand cooperation in the joint operation of POS-terminals in the trade and customer service points.

VTB Bank (Armenia) to cut rates on mortgages and auto loans

VTB Bank (Armenia) announced of its significantly reduced rates on mortgage loans and auto loans, as well as significantly speeded up the process of credit borrowers.