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  • Archive for December 17th, 2009

    World bank warns of dangers posed by lack of diversity

    Thursday, December 17th, 2009

    World Bank (WB) Yerevan Office head Aristomene Varoudakis warned today that lack of diversity was one of the biggest threats to Armenian economy.

    Individuals and entrepreneurs’ time deposits in Armenian banks total AMD 241.4 billion in Jan-Sept 2009

    Thursday, December 17th, 2009

    Individuals and entrepreneurs’ time deposits in Armenian banks totaled AMD 241.4 billion in Jan-Sept 2009 after growing 38.2% over these nine months.

    World Bank predicts 1.5% economic growth in Armenia in 2010

    Thursday, December 17th, 2009

    The World Bank predicts 1.5% economic growth in Armenia in 2010, Aristomene Varoudakis, head of the WB Yerevan Office, said on Thursday.

    Bonus card owners of Araratbank to receive cash prizes

    Thursday, December 17th, 2009

    13 owners of bonus cards Ararat-transfer of Araratbank won cash prizes, the Araratbank website reported.

    Armenian banks’ aggregate capital grows 11.27% to AMD 266.8 billion by late September

    Thursday, December 17th, 2009

    Armenian banks’ aggregate capital grows 11.27% to AMD 266.8 billion by late September