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  • Archive for February, 2010

    Armenian economy ministry develop mechanisms to improve corporate management of joint stock companies

    Saturday, February 27th, 2010

    Armenian economy minister Nerses Yeritsian said today his ministry is developing mechanisms that would help implement the corporate management of joint stock companies.

    Armenian Central Bank granted ratings to a number of companies

    Saturday, February 27th, 2010

    Armenian Central Bank granted ratings to a number of companies

    WB expects Armenia’s CB to remain committed to floating exchange rate

    Saturday, February 27th, 2010

    WB expects Armenia’s Central Bank to remain committed to floating exchange rate of dram

    Ameriabank official says dram to lose its value this year

    Friday, February 26th, 2010

    Tigran Jrbashian, Ameriabank’s development director, said today Armenia’s national currency, Dram, will be losing its value throughout the year.

    Time deposits in Ameriabank grow 2.6 times in 2009

    Friday, February 26th, 2010

    Time deposits in Ameriabank grew 2.6 times or by AMD 258.7 in 2009, the press office of the bank said on Thursday.

    World bank approves US$7 million sif project for Armenia

    Friday, February 26th, 2010

    The World Bank’s Board of Executive Directors approved February 25 a US$7 million equivalent loan to Armenia as part of the Social Investment Fund III Project Second Additional Financing.

    World Bank approves US$5 million loan for social protection in Armenia

    Friday, February 26th, 2010

    On Thursday, the World Bank’s Board of Executive Directors approved a US$5 million loan for the Additional Financing for the Armenia Social Protection Administration Project (SPAP)

    Commercial banks’ efforts to rid Armenia from economic crisis should be more vigorous

    Friday, February 26th, 2010

    Commercial banks’ efforts to rid Armenia from the economic crisis should be more vigorous.

    Armenia’s realty market to remain stagnant until economic crisis overcome

    Thursday, February 25th, 2010

    Armenia’s real estate market will remain stagnant until economic crisis is overcome, since the crisis has stricken mainly at housing, Tatul Manaseryan, adviser to Armenian Parliament Speaker said.

    Opinion: Armenia unlikely to face double-dip crisis in 2010

    Thursday, February 25th, 2010

    Armenia is unlikely to face double-dip crisis in 2010, Executive Director of ProCreditBank Bertold Herzfeld said in an interview with ARKA News Agency.