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  • Archive for January 26th, 2010

    Aggregate capital of Armenian credit organizations in Q4, 2009 rises by 1.2%

    Tuesday, January 26th, 2010

    The aggregate capital of Armenian credit organizations in Q4, 2009 grew by 1.2% to 26.2 billion Drams.

    Aggregate volume of Armenian credit organizations’ liabilities in q4, 2009 drop by 5.4%

    Tuesday, January 26th, 2010

    The aggregate volume of Armenian credit organizations’ liabilities in Q4, 2009 dropped by 5.4% to 49.6 billion Drams.

    Armenian’s gambling businesses paid last year 1.2 billion drams of mandatory payments

    Tuesday, January 26th, 2010

    Armenian’s gambling businesses paid last year 1.2 billion Drams of mandatory payments, the ministry of finance said.

    IFC helps increase microfinance access for small businesses in Armenia’s rural areas

    Tuesday, January 26th, 2010

    IFC, a member of the World Bank Group, said in a statement it is helping Armenian INECOBANK expand its microfinance capacity to increase access to microfinance for small entrepreneurs and low-income individuals, mostly in Armenia’s rural areas, promoting growth and sustainable development.

    Armenian economy to get back on full recovery track in 2012

    Tuesday, January 26th, 2010

    Interview of Anelik Bank chairman Samvel Chzmachian to ARKA news agency.

    Armenian banking sector moves step forward: Anelik Bank chairman

    Tuesday, January 26th, 2010

    In an interview with ARKA news agency, Samvel Chzmachian, chairman of Anelik Bank, assessed positively a recent cooperation agreement signed with Lebanese Credit Bank, which bought 51% of its shares in 2009 summer. As a result Anelik Bank’s capital grew to 15 billion Drams.