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  • Archive for December 7th, 2009

    Outstanding credits of Armenian commercial banks grew by 5.6 billion drams to 9 billion drams

    Monday, December 7th, 2009

    Outstanding credits of Armenian commercial banks grew by 5.6 billion drams to 9 billion drams

    HSBC Bank Armenia to close 2009 withy profits

    Monday, December 7th, 2009

    HSBC Bank Armenia Chief Executive Officer Tim Slater said to ARKA that the bank will close the year with profits.

    СBA: Money supply to grow 14-16% in Armenia in 2009 against 2.3% in 2008

    Monday, December 7th, 2009

    Money supply is to grow 14-16% in Armenia in 2009 against 2.3% in 2008, and monetary base 10-12% against 5.3%, the Central Bank of Armenia says in its monetary policy program for the fourth quarter of this year.

    Ardshininvestbank reduces commission for money transfers via Contact system

    Monday, December 7th, 2009

    One of the largest Armenian commercial banks-Ardshininvestbank- said it has reduced the commission for money transfers via Contact system from 3% to 2%.

    Moody's Investors service international ratings agency leaves Armeconombank’s ratings unchanged

    Monday, December 7th, 2009

    Moody’s Investors service international ratings agency leaves Armeconombank’s ratings unchanged.