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Daily Archives: Jan 15, 2010

Araratbank plans to increase credit portfolio to 25 billion drams

Araratbank plans to increase credit portfolio to 25 billion drams

Araratbank expects its major indices to grow 40 percent this year

Armenian Araratbank expects all its major indices to growth by 40% this year, its executive director, chairman of board, Ashot Osipyan, said at a news conference today. He said despite the economic crisis the bank managed to secure a similar growth in 2009.

Armenian Araratbank and EBRD sign $4 million credit agreement to co-finance large businesses

Armenian Araratbank and the European Bank for Reconstruction and Development (EBRD) signed a $4 million worth credit agreement to co-finance large businesses, Araratbank executive director Ashot Osipyan told journalists today.

Customers to design their credit cards at Conversbank

Conversebank customers can now design of their own credit cards, according to the official website of the bank.

Araratbank’s branch renamed Izmirlian

Amiryan, one of Araratbank’s branches, is renamed Izmirlian for Tigran Izmirlian, chairman of Swiss Izmirlian Foundation.