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  • Archive for December, 2009

    Armenia economy getting out of worst economic recession

    Wednesday, December 30th, 2009

    Armenia economy getting out of worst economic recession

    Government to step up work for turning Armenia into regional financial center only after overcoming crisis

    Tuesday, December 29th, 2009

    Government to step up work for turning Armenia into regional financial center only after overcoming crisis

    CB of Armenia does not rule out establishment of and mergers of operating banks

    Tuesday, December 29th, 2009

    Central bank of Armenia does not rule out establishment of and mergers of operating banks

    Finance minister downplays speculations that foreign debt may reach 50% of its GDP

    Tuesday, December 29th, 2009

    Finance minister downplays speculations that foreign debt may reach 50% of its GDP

    Armenian financial system avoids strong shock amid recession

    Tuesday, December 29th, 2009

    Armenian financial system avoids strong shock amid recession

    Areximbank-Gazprombank Group’s authorized capital built up to AMD 12 347.3 mln

    Tuesday, December 29th, 2009

    Areximbank-Gazprombank Group’s authorized capital built up to AMD 12 347.3 million

    Individual bank deposits in Armenian dram slash by 22.8%

    Tuesday, December 29th, 2009

    Individual bank deposits in Armenian dram slash by 22.8% in January-November to 167.5 billion drams

    Finance minister expects 25 billion drams to come out of ‘shadow’

    Tuesday, December 29th, 2009

    Armenian finance minister Tigran Davtian said Monday he expects 25 billion drams to come out of ‘shadow’ next year.

    Central Bank of Armenia does not see any reasons for dram revaluation

    Tuesday, December 29th, 2009

    Central Bank of Armenia doesn’t see any reasons for possible revaluation of national currency”, said Artur Javadyan, Chairman of the Central Bank of Armenia.

    Economic decline in Armenia by the results of 2009 will be 15% - Ministry of Finance

    Tuesday, December 29th, 2009

    “By the results of 2009, 15% economic decline was registered in Armenia”, said Tigran Davtyan, Minister of Finance of Armenia.