Daily Archives: Jan 28, 2010

Credit organizations lend AMD 65.2 billion to residents in 4th q 2009

Credit organizations lend AMD 65.2 billion to residents in 4th q 2009

Aggregate volume of Armenian banks’ liabilities in q4, 2009 grows by 8% to 1.047 trillion drams

Aggregate volume of Armenian banks’ liabilities in q4, 2009 grows by 8% to 1.047 trillion drams

Armenian banks lend AMD 746.3 billion to residents in 2009

Armenian banks lent AMD 746.3 billion to residents in 2009.

Expert: Armenian government’s bailout policy successful and well-justified

Armenian government’s bailout policy is successful and well-justified, Gagik Minasyan, chairman of Armenian National Assembly’s finance and budget committee.

EBRD to support ArmSwissBank with 8 mln USD on-lending to small and medium companies and trade finance

The EBRD is increasing the availability of financing to private businesses in Armenia with a $5 million credit line and a $3 million trade finance facility to ArmSwissBank for on-lending to small and medium companies (SMEs), the EBRD press-release stated.